Discover endless possibilities at this unique 24-acre property, formerly known as the Mt. Caritas Monastery. This expansive retreat has a blend of residential and commercial spaces, with an additional 10 acres available for purchase, making it a prime opportunity for visionary buyers looking to create something truly special. The property includes several structures, such as a 1, 556 sq. ft. Raised Ranch with a fully finished 1, 456 sq. ft. basement, and a 1, 450 sq. ft. residence featuring a large addition with a commercial-grade kitchen, prep area, and storage. A nearly completed 2, 400 sq. ft. worship building has versatile potential, easily convertible into a stunning home or community space. Additionally, a barn, stable, and two sheds add to the charm and functionality of the estate. The pristine land has significant frontage, with development opportunities including the possibility of establishing a cemetery or creating your own private compound. With 7, 443 sq. ft. of developed, income-producing property already in place, the potential for future growth is extraordinary. Priced competitively, this property has tremendous value and is ready for your imagination to take the lead. Endless Potential - 54 Seckar Rd, Ashford, CT Discover a unique 24-acre property, formerly the Mt. Caritas Monastery, that has an extraordinary opportunity for development, a private retreat, family compound, or even an Airbnb. With the option to add an additional 10 acres, this is your chance to create something truly special. Highlights: Prime Location: Situated on 24 acres of pristine land, with an option to purchase an additional 10 acres for further expansion. Residences: Includes a 1, 556 sq. ft. Raised Ranch with a finished basement and a 1, 450 sq. ft. home featuring a commercial kitchen, perfect for events or culinary use. Versatile Buildings: A nearly completed 2, 400 sq. ft. worship building has potential for conversion into a stunning home, alongside a barn, stable, and two sheds. Development Opportunities: The expansive land has room for future development, including the potential to establish a cemetery or other unique ventures. Income Potential: With 7, 443 sq. ft. of developed, income-generating property already in place, this property has a strong foundation for expansion. Whether you're envisioning a private retreat, family estate, or large-scale development, 54 Seckar Rd presents limitless possibilities. Seize this rare opportunity to bring your vision to life!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,250 | $1,250 | $1,250 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,975 | $4,367 | $5,860 |
Total Monthly Payment | $5,317 | $5,709 | $7,202 |
* 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.