Calling all Builders and Developers. Welcome to 564 Webbs Hill, a prime development opportunity in the heart of North Stamford, Connecticut. This property, situated in a desirable neighborhood, offers builders and developers the perfect canvas to bring their vision to life. Its prime location allows residents convenient access to local amenities, schools, parks, and transportation. Most of the heavy lifting has already been completed, as the property has been stripped down to the studs. This significant preparatory work allows for a smooth transition to your desired floor plan and design. Whether you're envisioning a stunning single-family residence or a lucrative multi-family development, 564 Webbs Hill provides the framework for a successful project in a community with a strong demand for modern and updated homes. Don't miss out on this unique investment opportunity in North Stamford.
Type | Level |
---|---|
Bedroom 1 | Upper |
Dining Room | Main |
Living Room | Main |
Primary Bedroom | Upper |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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$564,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $451,920 | $451,920 | $451,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | $589 | $589 | $589 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,083 | $3,004 | $3,844 |
Total Monthly Payment | $3,764 | $3,685 | $4,525 |
* 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.