Discover this tranquil and serene 7. 3-acre parcel, perfectly situated on a town-maintained, paved road with power conveniently located at the street for easy construction. This expansive, level lot presents an exciting opportunity for subdivision into two lots! With a proposed subdivision plan and completed reports for two perc tests, much of the groundwork has already been laid. Alternatively, you can build your dream home on the entire 7. 3 acres, surrounded by trees for maximum privacy and a tranquil connection with nature. Enjoy the close proximity to all that Newfound Lake and Wellington State Park has to offer including boating, beaches, trails, fishing and so much more! Just 5 minutes to downtown Bristol with all of its quaint shops and eateries! Approximately 15 mins to the AMC Cardigan Lodge and access to Cardigan Mountain State Park. Lots of activities and fun to be had in all four seasons! SELLER FINANCING may be available! Whether you're looking to invest or create your perfect retreat, this property has incredible potential!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $119,920 | $119,920 | $119,920 |
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 | $798 | $797 | $1,011 |
Total Monthly Payment | $873 | $872 | $1,086 |
* 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.