Build your dream home! Unbelievable Opportunity! One of a kind hidden gem on a quiet cul-de-sac. Roughly one acre of land in the highly sought after Trumbull, CT. Located in the heart of what is considered a top place to live in the U. S. . . you'll be just a hop & skip away from New York City. Quiet cul-de-sac with an A+ school system. . . this parcel gives you additional privacy with only 3 other homes (all worth over $1 million) in a small luxury subdivision. The lot has been completely surveyed and has grading plans available. All utilities are in the street (including public water, public sewer, electricity, gas, and cable). *** Added Bonus*** Parcel has "Deeded" Lake Rights to the coveted Pinewood Lake Association (skip the 5-year waiting list!) You have the option to join this member only community right away; giving you privilege to use the 90 Acre Lake, Beach, clubhouse, boat racks, and even take swim lessons! Unbeatable price to build (and customize) a home that will be worth over $1 million. Close proximity to schools, highways, airports, train stations, hospitals, shopping, entertainment, and fashion. Bring your own builder or use the sellers (and view the already existing building plans). *Note: Seller will help facilitate construction financing if needed! Don't let this one pass you by! Note: Can be purchased as land only for $360, 000.
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Upper |
Bedroom 3 | Upper |
Primary Bedroom | Upper |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.521.7207
Christine.Preston@raveis.com
NMLS Mortgage Loan Originator ID 90874
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $565 | $565 | $565 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,991 | $6,602 | $9,193 |
Total Monthly Payment | $6,681 | $7,292 | $9,883 |
* 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.