518 Noank-Ledyard Road, Groton (Mystic), CT, 06355 | $125,000

518 Noank Ledyard Rd presents a prime . 75-acre residential plot in the charming town of Mystic, New London County, Connecticut. This land is situated in an area that is set to experience notable growth in income, population, and infrastructure, making it an excellent opportunity for future residential development. The property has great potential for creating a custom home or establishing a new residence. With its substantial size and favorable location, this parcel provides the perfect canvas to build your dream home in a community on the rise. Embrace the opportunity to shape your ideal living space in a promising and expanding area.

Features

  • Town: Groton
  • Zoning: RS-20
  • Frontage: Municipal Street
  • Lot Desc: Lightly Wooded,Treed,Dry,Level Lot
  • Elem. School: Per Board of Ed
  • High School: Per Board of Ed
  • MLS#: 24040278
  • Days on Market: 55 days
  • Website: https://www.raveis.com
    /prop/24040278/518noankledyardroad_groton_ct?source=qrflyer
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Listing courtesy of Seaport Real Estate Services

William Raveis Family of Services

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Contact@raveis.com

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
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518 Noank-Ledyard Road, Groton (Mystic), CT, 06355

$125,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $100,000 $100,000 $100,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $665 $665 $857
Total Monthly Payment $740 $740 $932

* 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.