Take advantage of this rare opportunity to own a waterfront parcel on beautiful Lake Lorraine in Norwich. This 3.2 acre building lot offers land on each side of County Road 19. The waterfront side is the larger of the two and features an extensive amount of shoreline frontage on the lake. Across CR 19 the lot is wooded, slightly sloping and will provide a secluded building site for your lakeside cottage or full time home. Lake Lorraine is quiet, peaceful and offers exceptional fishing. There are deed restrictions in place to protect the lake, including a restriction on gas powered motors. This is a unique opportunity to own the type of property that will provide a lifetime of enjoyment and family memories. The property is owned and being sold by a New York State licensed real estate broker.
980 County Road 19, Norwich, CT, 13815
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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