Presented byHarry Finer - The Finer Team |
"Located in the charming town of Marlborough in central Connecticut, this 79-acre farm land offers a prime opportunity for farming and livestock activities. The property features a deeded restriction for one house and barn, providing a perfect setting for agricultural pursuits. The land itself encompasses a variety of terrains, including flat areas, rolling hills, and wetlands, allowing for diverse agricultural possibilities. Additionally, its proximity to Carter Hill adds to its appeal, with the facility offering opportunities for family gatherings, hot rod events, and a restaurant for added convenience. This property presents an ideal canvas for those seeking to establish a thriving agricultural enterprise in a picturesque setting. Its size and diverse topography provide ample space for cultivating crops, grazing livestock, and creating a sustainable farming operation. The deeded restriction ensures the preservation of the property's unique character while allowing for the construction of essential structures. Whether you are a seasoned farmer looking to expand your operations or an aspiring agricultural entrepreneur, this 79-acre farm land in Marlborough offers a promising foundation for your endeavors. Its location in central Connecticut, just southeast of Hartford, provides easy access to markets and resources, further enhancing its appeal for agricultural pursuits. Don't miss this opportunity to own a piece of prime farm land in this idyllic setting.
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$500,000
Sales Vice President
William Raveis Real Estate
Phone: 860.882.4911
Harry.Finer@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 | $400,000 | $400,000 | $400,000 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,661 | $2,659 | $3,373 |
Total Monthly Payment | $2,753 | $2,751 | $3,465 |
* 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.