Build Your Dream Home on 2. 08 Acres in a Desirable Glastonbury Neighborhood!! This prime cul-de-sac lot offers 2. 08 acres of land in a highly sought-after neighborhood with homes valued between $750, 000 and $2. 5 million. The property is naturally set against a rock ledge, providing both privacy and the advantage of being surrounded by a vibrant, upscale community. Conveniently located just 1 mile from local amenities, including a shopping market, pharmacy, restaurant, and a park featuring a playground, soccer field, and baseball diamond, this location has it all. In the mature East Glastonbury area, you're just minutes from I-384, making for easy access to Manchester Hospital, Evergreen Walk, Buckland Hills mall and golf courses such as Minnechaug and Manchester Country Club. With its combination of seclusion and proximity to conveniences, this is the perfect spot to create your forever home.
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$225,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.423.2254
David.Lewis@raveis.com
NMLS Mortgage Loan Originator ID 49042
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $180,000 | $180,000 | $180,000 |
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 | $1,213 | $1,196 | $1,518 |
Total Monthly Payment | $1,288 | $1,271 | $1,593 |
* 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.