TO BE BUILT BEAUTIFUL HOMES THAT ARE COMPLETELY CUSTOMIZABLE TO BUYERS TASTE. This property features pristine residential building lots in one of Connecticut's most desirable towns. Simsbury not only provides a top-notch public school system with state and nationally ranked schools, but also features beautiful parks, recreational facilities, restaurants, the International Skating Center of CT and even an airport. This property sits on 10 acres of land and is in the process of being subdivided to accommodate four residential building lots, perfect for anyone looking for a brand new home built by a custom home builder that can make your dream home a reality. This property is also perfect for anyone looking to build a custom home with enough acreage to build a family estate for multi-generational living and to support all hobbies including horses. With picturesque landscapes that provide the perfect mix of tranquility and accessibility, these lots won't last. Reach out to schedule an appointment to view the property and pick out your lot for your forever home. ****The pictures of the house are pictures taken from another custom home constructed by the builder as a sample to illustrate elite craftsmanship and quality. Aerial photo of property with boundary lines are approximate. *****
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,135 | $5,562 | $7,426 |
Total Monthly Payment | $5,260 | $5,687 | $7,551 |
* 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.