To be built- Exciting opportunity awaits at 30 Chestnut Hill Rd! Antique home, circa 1820, made available by a preservationist with decades of experience restoring antique homes and barns - price reflects finished project. Masonry, roof, windows and exterior finish to begin in October; Current plans involve addition and changing to 3 BR, 2.5 bath home with office and library, will be 3000+ sq footage. Completed project will have value of $925,000 for house and barn/garage addition with landscape renewal. Building the Larger barn on existing foundation at the rear of property would add another $248,000 in value. The owner is looking for a buyer to take over this beautiful property, with option to keep current owner as the architect/contractor, if interested. Also listed As-Is, MLS#: 24040546
30 Chestnut Hill Road, Killingworth, (Chestnut Hill), CT, 06419
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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