Location, location! 85.98 acres with 2,313' of road frontage on River Rd & Schofield Rd, just 1,000' from I-84 exit 70. Fronts Roaring Brook & 20-acre state trout fishing parcel. Also located 200' from 13 acre municipal park w/trout fishing, ball fields, paved walking/jogging trail, basketball, playscape & pavilion. R80 zoned is 1.84 acres lot size w/200' frontage yield formula with 15% of subdivision land being dedicated to open space; open space subdivision option to reduce to 1.38 acres 150' frontage per, with .46 acre per lot size reduction added to the 15% open space. Willington 7% affordable housing falls under state section 8-30g 10% threshold. The town's 2023-2028 Affordable Housing Plan recommending soils based zoning map categorizes a strip along the River Rd frontage as high potential density due to gravel soils optimum for construction & drainage. Next River Rd parcel to the north is commercial, properties abutting the south side of exit 70 are commercial. 13 min to UCONN
Lot Description:
Rolling Slope, Wooded
Amenities:
Park, Walk/Jog Trails, Stable(s), Conservation Area, Highway Access, Public School, University
Sub-Agency Relationship Offered:
No
XOXO River Rd, Willington, CT, 06279
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
