Calling all investors and developers! Opportunity awaits at 1301 Torringford W St. , Torrington, CT. Encompassing 50. 6 acres, this commercially zoned land currently hosts a golf course. Imagine the possibilities of transforming this vast tract into a thriving business or residential community, or even retaining its leisurely charm as a luxury golf resort. The property boasts sweeping panoramas of beautifully manicured lawns, water features, and Connecticut's rolling hills - an idyllic backdrop for any venture. Located in a prime location, it enjoys easy access to local amenities, while still maintaining a sense of secluded tranquility. The sale includes the possibility to further expand with the acquisition of an additional separate 46-acre parcel. Whether combined or developed individually, these parcels present an unparalleled opportunity in today's market. Come discover what 1301 Torringford W St has to offer - don't let this golden opportunity pass you by
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,160,000 | $2,160,000 | $2,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.738% | 6.559% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,777 | $13,831 | $18,668 |
Total Monthly Payment | $12,902 | $13,956 | $18,793 |
* 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.