XOXO River Rd, Willington, CT, Connecticut, property flyer

XOXO River Rd, Willington, CT, 06279 | $699,900

Location, location! 85. 98 acres with 2, 313' of road frontage on River Rd & Schofield Rd, just 1, 000' from I-84 exit 70. Fronts Roaring Brook & 20-acre state trout fishing parcel. Also located 200' from 13 acre municipal park w/trout fishing, ball fields, paved walking/jogging trail, basketball, playscape & pavilion. R80 zoned is 1. 84 acres lot size w/200' frontage yield formula with 15% of subdivision land being dedicated to open space; open space subdivision option to reduce to 1. 38 acres 150' frontage per, with . 46 acre per lot size reduction added to the 15% open space. Willington 7% affordable housing falls under state section 8-30g 10% threshold. The town's 2023-2028 Affordable Housing Plan recommending soils based zoning map categorizes a strip along the River Rd frontage as high potential density due to gravel soils optimum for construction & drainage. Next River Rd parcel to the north is commercial, properties abutting the south side of exit 70 are commercial. 13 min to UCONN

Features

Amenities: Park, Walk/Jog Trails, Stable(s), Conservation Area, Highway Access, Public School, University
Zoning: R80

Lot Desc: Rolling Slope, Wooded
Water Front: Yes

MLS#: 73293945
Website: https://www.raveis.com
/prop/73293945/xoxoriverrd_willington_ct?source=qrflyer

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Dennis Duga courtesy of Dr. LAND

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

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XOXO River Rd, Willington, CT, 06279

$699,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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	$559,920	$559,920	$559,920
Term	360 months	360 months	180 months
Initial Interest Rate**	7.000%	6.990%	6.250%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	7.477%	7.159%	6.498%
Monthly Tax Payment	N/A	N/A	N/A
H/O Insurance Payment	$92	$92	$92
Initial Principal & Interest Pmt	$3,725	$3,721	$4,801
Total Monthly Payment	$3,817	$3,813	$4,893

* 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.