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52 Chestnut Hill Road, Wolcott, CT, 06716 | $150,000
Build one house with a large yard or two houses on these two 1. 78 acre parcels. Two lots (lot 1 and 2) are being sold together for this price. I named it #52 Chestnut Hill Road, Wolcott just as a way to use GPS to get to the lot location easily. Site work is done and it's now ready for excavation, driveway and septic work. We'll have a total combined estimate for these three complete jobs in a few days that will be available for the buyer to use. The current roughed-in driveway is on the right side property line and is for the right lot and goes up two levels. Amazing Views at the top. I will say it's impossible for most people to understand the layout and where the top actually is. Special showings to explain the layout can occur with the owner after it's shown by someone the first time if interest is expressed. You can make a common driveway or add one at the left side property line of the left lot. See maps. There is an old foundation at the top level left there as a point of reference. There are many possibilities and lots of potential to build your dream house or two of them with scenic views out on the horizon in a very private setting, yet close to all the amenities of Wolcott and Waterbury. The seller can build you a complete home with a 2 car garage for around $350k of you can use your own builder. There is a site/septic/topo plan available and the driveway has a 3+/5- stone base there for the driveway in place now. Motivated seller. Make an offer.
Features
- Zoning: R-40
- Frontage: Municipal Street
- Lot Desc: City Views,Treed,Rocky,Sloping Lot
- Elem. School: Per Board of Ed
- High School: Wolcott
- MLS#: 170613534
- Days on Market: 347 days
- Website: https://www.raveis.com
/prop/170613534/52chestnuthillroad_wolcott_ct?source=qrflyer
Listing courtesy of Don Orsini Realty, LLC
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52 Chestnut Hill Road, Wolcott, CT, 06716
$150,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
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 | $120,000 | $120,000 | $120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $819 | $798 | $1,029 |
| Total Monthly Payment | $894 | $873 | $1,104 |
* 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.
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