Discover the allure of this remarkable 148-acre parcel situated in North Stratford, conveniently located on Route 3 and boasting a coveted position across from the majestic Connecticut River. The property features two home sites, complemented by a spacious quonset hut that offers exceptional covered storage space. Ascend to the hillside portion of the lot and be captivated by breathtaking panoramic views of the Connecticut River Valley and the picturesque Vermont countryside. This elevated vantage point sets the stage for an unparalleled experience, whether for personal enjoyment or potential development. The property is equipped with snowmobile and ATV trails running along the back, catering to outdoor enthusiasts seeking adventure. With its expansive acreage and diverse offerings, this parcel is uniquely suited for those with aspirations of establishing a rental cabin business or campground. Don't miss out on the prospect to turn your vision into reality – seize this opportunity to own a piece of North Stratford's scenic landscape with immense potential for a variety of ventures.
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $240,000 | $240,000 | $240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,597 | $1,595 | $2,058 |
Total Monthly Payment | $1,672 | $1,670 | $2,133 |
* 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.