Price reduced to offset the cost of extending the current road to the lot. Here is your opportunity to build that dream home you've been thinking about. Located in the rural waterfront town of Westport. THE ADDRESS IS LAKESIDE CITY NOT LAKESIDE AVE. LAKESIDE AVENUE IS BY THE WATER IN ACOAXET. Clicking the map on google will take you to the Acoaxet street which is inaccurate. Plug in 60 Bond st to see the accurate location. The building department has stated that they are not currently buildable, but that determination can be appealed. The decision was that to be buildable the road will need to be put in first. The frontage will be on Register rd. Currently the road ends at the intersection of Bond. This existing portion of Register is paved and maintained by the town. According to maps/drawings in the assessor's office, the road (not yet completed) extends past this particular lot. The buyer/Agent must do their own due diligence and not rely solely on the information provided here.
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William Raveis Mortgage, LLC
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Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $44,000 | $44,000 | $44,000 |
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 | 7.984% | 7.146% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $293 | $292 | $371 |
Total Monthly Payment | $368 | $367 | $446 |
* 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.