Listing price INCLUDES 41 Oakland Rd and 35 Oakland Rd with nearly 2 Acres in the center of downtown South Windsor on a heavily traveled road!!! RC Zoning allows for a drive-thru window!! Properties are adjacent to each other offering numerous opportunities for expansion or development or redesigning 41 Oakland Rd - Prime 2000 sq ft 2 story office building. All major components updated including roof, siding, double pane windows, Impressive 2 story front stone entry foyer features a gorgeous solid oak door. Energy efficient boiler and hot water heater. Central air conditioning - new ductwork. First floor includes a reception area, a private office with fireplace. Interior completely updated with refinished oak floors, carpeting and trim. Large meeting room complete with cabinets, sink, microwave & under counter refrigerator. Second floor features 3 private offices, plus a half bath. 35 Oakland Rd - Prime 1728 sf office building in desirable downtown South Windsor location, minutes from major interstates. Ideal office layout-First floor has reception area, 2 private offices, large conference room and a 1/2 bath. 700 sf walkout basement. Open porch and large back yard. RC Zoning. Major components (heat, A/C, roof, oil tank, siding and windows) updated within last 10 years.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,840,000 | $1,840,000 | $1,840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.125% | 6.000% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.951% | 6.108% | 5.805% |
Monthly Tax Payment | $1,067 | $1,067 | $1,067 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,019 | $11,032 | $15,157 |
Total Monthly Payment | $11,211 | $12,224 | $16,349 |
* 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.