Presented byMirella D'Antonio, Premiere Home Team Leader |
6. 08 acres of land with access located at end of cul-de-sac on Brookline Ave, Bloomfield CT. Approximately 2. 16 acres of the 6. 06 acres is Zoned R-10, Residential, with a 50 foot Right of Way from Brookline Ave. Possible to build 8 Single-Family Homes or about 5 Duplexes. Condominiums may be possible but would require a Zonning change. Public sewer and water available at Brookline Ave. Remaining acreage zoned I-2, Industrial (Commercial) is 3. 9 acres and abuts Blue Hills Industrial Park to the North. Because wetlands exist in the 3. 9 acres, options for land usage to be obtained through Bloomfield Town Hall Building Department. All Land improvement subject to Subdivision approval, Wetlands permit and Map Amendment. Excellent investment opportunity for now or future.
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Sales Associate
William Raveis Real Estate
Phone: 860.997.1600
mirella.dantonio@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.423.2254
David.Lewis@raveis.com
NMLS Mortgage Loan Originator ID 49042
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $260,000 | $260,000 | $260,000 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,730 | $1,728 | $2,193 |
Total Monthly Payment | $1,805 | $1,803 | $2,268 |
* 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.