Presented byThe Geena Becker Team |
This expansive treed lot is the perfect combination of privacy and convenience, with a large and level area for building your dream home. Tucked away from the hustle and bustle of West Avon Road. The lot's elevated position and natural tree cover provide a stunning backdrop for your new home, creating a sense of seclusion and privacy that is rare to find in such a convenient location. Don't miss this unique opportunity to build your dream home in one of the most desirable locations in town. Lot was approved years ago and will need to be update per buyers expense. Easy access to nearby schools, shops, medical buildings, daycare, and more. Bring your builder and plans, and let your imagination run wild as you create the home you've always wanted. Access to the lot is provided by a right of way over the southernmost portion of the property at 1 Forest Hills Drive. This right-of-way begins on West Avon Road, almost directly across from Biltmore Court, providing easy access to your new home however the seller is willing to change the ROW and allow the drive to be redesigned per buyers expense. The frontage on West Avon Rd is now a Right of Way to lot 35B aka 169 W Avon Rd ROW is 12 ft wide. Public water would require town approval. Septic is required - no option for town sewer. CNG is not available for this lot. Map of File in town hall #90-58 Hodge Engineer. Perc tests were completed and on file but need to be updated. T
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 860.305.7387
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NMLS Mortgage Loan Originator ID 115078
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $79,920 | $79,920 | $79,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $545 | $531 | $685 |
Total Monthly Payment | $620 | $606 | $760 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.