Whether you envision a traditional, transitional or refined modern house with energy efficient features, this residential lot is where your custom home-building journey can begin. This exquisite residential land lot, poised on the border of Mount Carmel and Cheshire. This land contains the perfect equilibrium of space to accommodate a spacious home without the upkeep of an overly expansive property. With its proximity to local shops, restaurants, parks, as well as convenient access to Interstate 91 and the Merritt Parkway, this location is ideal for those looking to enjoy a serene living space while maintaining accessibility. Living here means you're just moments away from hiking the trails of Sleeping Giant State Park, enjoying time at Brooksvale Park with farm animals, or indulging in a round of golf at the nearby Sleeping Giant Golf Course. Reputable experienced builders have meticulously confirmed the buildability of this land, providing detailed site plans that set the stage for an experienced contractor to bring your vision to life. With the groundwork already laid out, you have the luxury of time to design a home that reflects your personal taste and lifestyle.
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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 | $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.