One of the LARGEST working Solar Farms in All of New York state secured by a 25 Year Lease with guaranteed lease payments totaling in excess of 20 Million Dollars! This Property portfolio consists of OVER 1,100 acres of farmland and solar arrays on 8 separate tax parcels- including a working farm with barns and residences. The largest portion of this income producing portfolio is from the 25 year lease on the solar panels covering 355 acres. Additional crops and farming as well as several homes and barns on the property that collect rental income. One of the several homes on the property is an owner's residence in the style as a log home complete with sweeping vista views of the surrounding land and farm. The working farm produces crops for livestock including hay, corn and alfalfa. Total current income collectively of over 1.1 Million per year. This is a once in a lifetime investment and opportunity for a special buyer!
485 Gilberts Corner Road, Sharon, CT, 13459
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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