74 New London Turnpike is well located in the center of Glastonbury adjacent to the Whole Foods shopping center. This modernized colonial style building offers a number of suites. There are several long time tenants with the major tenant once an owner of the property still here since they helped get the building built 4 decades ago. Solar, LED lighting, all utilities included with newer wall to wall carpeting keeps the property quiet and comfortable. Walk to all kinds of retail, restaurants, numerous banks, and local services. We may have a suite for your needs with one monthly bill -everything included with only each occupant needing to provide their own Internet connection. "Wellness" is the theme especially adjacent to the few remaining suites. 74 New London Turnpike has been totally modernized with a 50-year roof: 98 Solar panels; LED lighting throughout; and a state of the art LG closed loop HVAC system and the suites have excellent temperature control. With ample parkiong for about 24+ cars the location is adjacent to the Whole Foods shopping center. Suite #4 is a 3 -room with its own private rear door leading to a green area with a kitchen and 2 sinks across from the common bathroom AND ITS OWN SITTING area in the hall -private and in the rear of the main floor. Suites #6&7 are available and can be individual suites or combined as one larger suite. Terms and conditions are always negotiable
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.423.2254
David.Lewis@raveis.com
NMLS Mortgage Loan Originator ID 49042
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $1,200 | $1,200 | $1,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $8 | $8 | $10 |
Total Monthly Payment | $83 | $83 | $85 |
* 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.