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0 South Road, Marlborough, CT, 06447 | $12,000,000
Seller states they will consider all offers to purchase on this property! Only 15 minutes from the home of over 100 insurance companies in Hartford CT ! Now available is a 426 acre parcel of land very close to the town center in Marlborough, Connecticut. Just down the street from the town resident only water front recreation area, as pictured. This quiet country land parcel has town approvals for a golf course/housing project. Complete plans are available. The owners will also consider selling subdivided smaller parcels. The project plans show that the residential component of the project consists of 84 single-family lots (about half of these lots will border the golf course and 12 will be on a ridge with distant scenic views); and 112 town homes targeted, but not restricted to the active adult market with unit sizes starting at 2, 500 square feet (most of the town homes will have unobstructed views of the golf course). The residential component of the subject will use about 135 acres with an additional 120 acres allocated to undisturbed open space. The proposed 7, 010-yard, par 71, 18-hole, championship golf course designed by the Roger Rulewich Group will encompass about 157 acres. The subject was approved under the Town of Marlborough's Open Space Conservation Area Regulation (OSCAR). Note- signs (4) mark approximate north and southern road locations on South road and Ogden Lord roads. ----- Live on site Drone tours available
Features
- Zoning: R
- Frontage: Municipal Street
- Lot Desc: Lightly Wooded,Dry
- Elem. School: Per Board of Ed
- High School: Per Board of Ed
- MLS#: 170616953
- Website: https://www.raveis.com
/prop/170616953/0southroad_marlborough_ct?source=qrflyer
Listing courtesy of Coldwell Banker Realty
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Ray CashenPresident, William Raveis Attorney Network
203.925.4590
For homebuyers and sellers, our Attorney Network:
- Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
requirements, sets up escrows and title insurance, coordinates closing documents - Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
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0 South Road, Marlborough, CT, 06447
$12,000,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $9,600,000 | $9,600,000 | $9,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.893% | 6.723% | 6.284% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $56,788 | $61,470 | $81,660 |
| Total Monthly Payment | $56,913 | $61,595 | $81,785 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
CT Mortgage Correspondent Lender License 15524