Perfectly situated on a tranquil and secluded no outlet road, this expansive residential lot spans an impressive 0. 38 acres, offering you a unique opportunity to craft your dream home. The lot comes with an approved rebuild option, allowing you to recreate the existing nonconforming house within the same footprint. Imagine designing a charming and inviting home that captures the essence of a small-town atmosphere while enjoying the convenience of being in close proximity to all the modern amenities you desire. This is your chance to create a residence that combines the warmth of a close-knit community with the convenience of easy access to I84, making trips to nearby destinations effortless. Embrace the benefits of this prime location, which provides an ideal balance between serenity and accessibility. Commuting to bustling New York City becomes a breeze with just a one-hour drive, while a leisurely 2. 5-hour drive takes you to the vibrant city of Boston. Moreover, your new home will be a mere 10-minute drive away from the picturesque Sandy Hook Beach, offering you the perfect escape for relaxation and recreation. For those who appreciate aquatic adventures, you'll be pleased to know that the Lake Zoar boat launch is only a 7-minute drive away, presenting endless opportunities for boating, fishing, and lakeside enjoyment. Additionally, the convenience of a town pool just minutes away adds to the array of activities at your fingertips. This incredible property comes complete with a comprehensive Plot Plan and field card, providing you with a detailed overview of the lot's potential. While you explore the possibilities, please note that due diligence with the Town of Southbury is recommended to ensure a seamless transition from vision to reality. To further facilitate your vision, owner financing options are available, making this opportunity even more enticing. Seize this chance to build a harmonious blend of comfort, convenience, and community in a location that offers both tranquility and accessibility. Your dream home awaits - come make it a reality.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.520.1925
Laurie.Berger@raveis.com
NMLS Mortgage Loan Originator ID 12578
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $47,920 | $47,920 | $47,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $299 | $291 | $379 |
Total Monthly Payment | $374 | $366 | $454 |
* 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.