Old Mansfield Property Opportunity Discover this unique property featuring a home on 13. 3 scenic acres in Old Mansfield. The current owner plans to retain the house while offering the remaining land for sale, with the potential for custom subdivision tailored to your vision. The house will eventually sit on approximately 2 acres once subdivided from the larger parcel. The remaining acreage provides a rare opportunity for buyers to design their own layout, as the land is not yet formally subdivided, allowing flexibility for custom lot mapping based on your preferences. This conceptual map showcases the potential for four individual lots, which will be sold separately at prices ranging from $50, 000 to $70, 000. Whether you're seeking investment opportunities or planning to build your dream home, this property has endless possibilities. Don't miss this chance to shape your future in Old Mansfield. Take action today to explore the potential and start planning your ideal property layout! Welcome to 33 Mansfield Rd, a remarkable property nestled in the heart of Windham, CT, offering a rare opportunity for builders and home owners. Location: Access from Old Mansfield Rd and George St. This property enjoys the serenity of rural Connecticut while being conveniently close to town amenities and major routes.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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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 | $40,000 | $40,000 | $40,000 |
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 | $269 | $266 | $337 |
Total Monthly Payment | $344 | $341 | $412 |
* 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.