Builders/Developers/ Investors Take Notice! A fabulous opportunity awaits on Walnut Hill. Less than a mile from Rt 161, is a 42.62-acre parcel with topo, survey, and feasibility study featuring 13 lots surrounded with 20 acres of open space. Test pit data and soil results are favorable and available to speed along the subdivision process. Preliminary road base of 700ft has been started with road cut on to Walnut Hill Rd. This location is ideal for commuters’ easy access to I-95, Rt 85, and Rt 2. No square foot or design restrictions, allowing for a variety of efficient styled homes. Let's get started, there are so many potential homebuyers in New London County just waiting for new construction. Win with this project!
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Listing courtesy of Allyson Cotton, William Pitt Sotheby's Int'l Email: acottonrealtor@gmail.com
57 Walnut Hill Road, East Lyme, CT, 06333
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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