Developers and Investors take note! Twelve acres of industrial zoned land along busy Route 13 South in Wilton. Several level acres of this lot have been cleared and it is all basically a blank slate for your next project. Industrial zoning allowed uses include light manufacturing, research and/or testing laboratories, offices and non-residential commercial uses subject to all the requirements of the Industrial District Ordinance. Check with the town for more detailed information about allowable uses. Approximately 5000 cars per day travel by this spot according to the latest NRPC traffic studies. There may also be development potential as there is over 570 feet of frontage and the zoning requirements are only 200 feet of frontage and 2 acres per lot. Land appears to be outside of the 100 year floodplain according of the survey from when this lot was made and all flood map determinations should be confirmed by buyers against the most up to date maps available. 50 foot wide easement across Southwestern corner to allow access to Town forest land behind this parcel.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $280,000 | $280,000 | $280,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,863 | $1,861 | $2,361 |
Total Monthly Payment | $1,938 | $1,936 | $2,436 |
* 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.