Quintessential New England - this 27+ acre horse farm is a one of a kind equestrian facility & possible building lot. Claybrook Farms features a 10, 000 square foot Morton built barn with lighted indoor arena with combination sand & rubber footing, 8 stalls (approx 12 x 12) a wash stall, heated tack room & grain room. In addition, there is an 1, 890 sq ft Morton built insulated & heated equipment garage with two 16' automatic entry doors & stairs to potential office/work area. There are 2 additional stalls next to garage & 3 more stalls near indoor arena. (13 stalls total) The property also has two paddocks over an acre each with frost free water hydrants, solar powered fans & auto sprayer for insect control. An additional outdoor arena, 80 x 100 driving arena, water hazard & 1/3 mile grass exercise track. Exciting to note there is a previously approved building lot with town sewer so you may be able to build your dream home here too! Don't delay - this is a beautiful property!
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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 | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,593 | $3,589 | $4,554 |
Total Monthly Payment | $3,685 | $3,681 | $4,646 |
* 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.