Equestrian property with two buildable home sites. Approved septic plans in attachments. The facility offers a 16 stall main barn and a quaint 2 stall quarantine barn as well as 3 additional stalls in the impressive 85x260 indoor riding hall. The large viewing room has recently been updated and additional viewing available on the second level. The outdoor sand ring is also 85x260 and runs parallel to the indoor. Plenty of parking makes this a great place to host shows or clinics. If trail riding is preferred the Nissitissit Meadows conservation area is also directly across the street with miles of trails. This property is made up of two lots. #2 and #4 Old Farm Ln. Both lots share the equestrian facility and buildings. The lots will be sold together at this price or lot 2 separately for $374, 900. The home sights are located at the end of the lane in the wooded area. See separate MLS for 2 Old Farm Lane.
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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 | $599,920 | $599,920 | $599,920 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,991 | $3,987 | $5,059 |
Total Monthly Payment | $4,083 | $4,079 | $5,151 |
* 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.