Welcome to the opportunity of a lifetime to build your dream home on this picturesque 1-acre lot at 106 Spencer Street, nestled in the charming town of Suffield, CT. Boasting a prime location, with perk tests already completed offers convenience and accessibility. Situated in close proximity to Bradley International Airport and Interstate-91, travel becomes a breeze, whether for business or leisure. Imagine designing your ideal home surrounded by the serene beauty of Suffield's landscape. With ample space to create your vision, this lot provides the canvas for your architectural dreams to become a reality. Suffield itself is renowned for its quintessential New England charm, offering a perfect balance of small-town tranquility and modern amenities. From local shops and restaurants to recreational parks and cultural attractions, this community has something for everyone. Don't miss out on this rare opportunity to own a piece of Suffield's finest real estate. Whether you're looking to build your forever home or invest in a prime location, 106 Spencer Street awaits your imagination. Let this be the beginning of your journey towards crafting the perfect living space in one of Connecticut's most sought-after areas.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
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 | $79,999 | $79,999 | $79,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $539 | $532 | $675 |
Total Monthly Payment | $614 | $607 | $750 |
* 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.