Nestled in the hills of Southbury, Connecticut, this unique and tranquil property is waiting to be embraced. It has breathtaking year-round views that can be incorporated into your future home design, allowing for sun-filled living spaces and stunning sunsets. The location is extraordinary, with easy access to numerous amenities. You are less than a 5-minute drive to the Pomperaug River, Housatonic River, Southbury Beach, and Lake Zoar, perfect for summer activities like swimming, boating, and lounging. Additionally, you are only 10 minutes from Southbury or Newtown centers, making this property an ideal spot for shopping and commuting. The lot has already seen the beginnings of improvements. A versatile shed is on-site, connected to both the septic system and the well. An electrical hookup can also be re-installed to bring in power. We have maps available for a proposed home site that will blend seamlessly with the natural surroundings-imagine the possibilities! For more information, we have attached a wonderful fall walk-around video of the lot. Feel free to reach out for additional details.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.520.1925
Laurie.Berger@raveis.com
NMLS Mortgage Loan Originator ID 12578
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $120,000 | $120,000 | $120,000 |
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 | $798 | $798 | $1,029 |
Total Monthly Payment | $873 | $873 | $1,104 |
* 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.