Perched atop the rocky terrain overlooking Candlewood Lake in New Fairfield, Connecticut, this vacant lot presents a canvas of possibilities for envisioning the home of your dreams. With a commanding position high above the tranquil waters, the site offers a unique opportunity to design a residence that takes full advantage of the breathtaking panoramic views. Imagine waking up to the soft hues of a sunrise reflected on the lake or winding down with the fiery colors of a sunset casting a warm glow across the landscape. The blank canvas of this elevated lot invites creativity in architectural design, allowing you to tailor your future home to capture the essence of mountaintop living above Candlewood Lake. Embrace the freedom to shape your own sanctuary amid the natural beauty of Candlewood Lake, where every window could frame a masterpiece of nature's artistry, and each moment offers a connection to the serenity that defines this sought-after locale. Just a one hour drive from New York City. Close to shopping, restaurants, parks. Listing agent to accompany all appointments.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $236,000 | $236,000 | $236,000 |
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% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,610 | $1,569 | $2,024 |
Total Monthly Payment | $1,685 | $1,644 | $2,099 |
* 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.