Have you ever dreamt of building your own home? This is the perfect piece of land for you in Stonington! This cleared level lot is over an acre of land and overlooks Elm Ridge golf course with golf course frontage. It is set back off the road and down a long, secluded drive, giving you lots of privacy. This lot is already approved for a single family home and is close to grocery stores, restaurants, and shopping. It is also very conveniently located, with easy access to I-95 and just a few minutes away from Rhode Island beaches and a 9-mile drive from downtown Mystic. Please note that this property has a shared driveway with a right-of-way easement over 1 Country lane.
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Listing courtesy of Hanna Kronholm Donahue, Berkshire Hathaway NE Prop. Email: hannakronholm@bhhsne.com
3 Country Lane, Stonington, (Pawcatuck), CT, 06379
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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