These remaining large, inviting and quiet lots of Lake Woods Lane subdivision are available for sale and located in an active and established neighborhood. Some of the lots are located on a cul-de-sac and all six remaining lots, (out of the original nineteen), are ready to be built upon with survey maps, septic and well locations and specific house location for your new home. Located within 22 minutes to UCONN, 50 minutes to Hartford and 75 minutes to Boston there are no restrictions or covenants on this established subdivision. All thirteen present homes presently built are custom homes with beautiful settings. These inviting land lots, ranging from 1. 62 acres to 5. 02 acres, will allow one to built their custom homes in prime woodlands in a very natural, quiet setting where wildlife is abundant. Easy access to local hospitals, shopping, recreation and State Forests, lakes and rivers. The people that are currently living there stroll down the road to the end of the cul-de-sac and enjoy the peace and quiet that this subdivision offers. The road gets plowed by the Town of Ashford in winter and mail delivery and all other support services are offered to the residents. Come and take a walk and appreciate the land and each individual home site. Owner financing is available with 30% down payment, for 5 years and 8. 0% interest rate. This specific lot has long road frontage, stone walls and flat inviting land characteristics. Come and take a look!!
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $51,920 | $51,920 | $51,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $345 | $345 | $438 |
Total Monthly Payment | $420 | $420 | $513 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.