Stunning property centrally located on the corner of Chestnut Land Rd. and Buckingham Rd. Nicely situated between the quaint New England towns of Washington Depot and New Milford. Trees surrounding expansive meadows with gorgeous views. No road noise from these meadows that sit high up underneath big, open sky. Solar possibilities! This property can either be sub-divided and developed or kept "as is" for dream home site, horse property, vineyard or farm. Prime farmland. Close to New Milford's charming downtown with great restaurants, shops, village green and hospital, yet very private and removed. Equally as close to Washington Depot, New Preston and Lake Waramaug. Less than 2 hours from NYC. Prior sub-division approval for 20+ lots (in 1988) including deep and perc for all lots. Subdivision approval would have to be reapplied and re-submitted to town for approval. Taxes reflect PA-490 status. You really must see this property to appreciate it! Also listed as residential land under MLS 24024823.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,132 | $6,738 | $9,041 |
Total Monthly Payment | $6,257 | $6,863 | $9,166 |
* 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.