30-60 Red Hill Road, Branford (Stony Creek), CT, Connecticut, property flyer

30-60 Red Hill Road, Branford (Stony Creek), CT, 06405 | $599,000

This woodland property with its vast botanical array awaits your creativity and imagination. Almost 20 acres on Red Hill Road located just south of I-95, off Exit 56, is within minutes to beaches, award-winning restaurants, popular craft beer breweries, shopping, professional services and activities of this vibrant and desirable shoreline town, known for the Thimble Islands and historic Town Green. A natural brook dotted with moss-covered rocks follows the land's eastern boundary providing a precious fresh water source, passing what was once, long ago, a wildflower laden meadow. Travelling to the east and north rear boundary, rugged rock outcroppings rise, providing a natural world backdrop offering sweeping views to enhance your relationship to the land. With over an enviable 800 feet of road frontage, just a short walk to the east brings you to the preservation properties of Van Wie Pond and Preserve, and the latest acquired "jewel", Red Hill Woods. Many outdoor loving residents of Red Hill Road discovered the natural beauty of this area years ago. Your architect and landscape designer will appreciate this canvas allowing the land's natural assets to engage the senses to create your valuable legacy, located near the gateway to Stony Creek. Great Opportunity for a 1031 Exchange!

Features

Town: Branford
Zoning: R-4
Frontage: Municipal Street,Paved Road
Lot Desc: Some Wetlands,Treed,Sloping Lot,Rolling

Elem. School: Mary R. Tisko
Middle School: Per Board of Ed
High School: Branford
MLS#: 24058891

Days on Market: 15 days
Website: https://www.raveis.com
/prop/24058891/3060redhillroad_branford_ct?source=qrflyer

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Listing courtesy of Compass Connecticut, LLC

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NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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Is available to meet with you in our office, your home or office, evenings or weekends
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30-60 Red Hill Road, Branford (Stony Creek), CT, 06405

$599,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

	5/6 (30 Yr) Adjustable Rate Conforming*	30 Year Fixed-Rate Conforming	15 Year Fixed-Rate Conforming
Loan Amount	$479,200	$479,200	$479,200
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	$92	$92	$92
Initial Principal & Interest Pmt	$3,188	$3,185	$4,109
Total Monthly Payment	$3,280	$3,277	$4,201

* 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.