Brand New Construction to be built on 1. 86 acres, wooded gentle grade that rises above road level, nice and wide with 210 feet of road frontage. Three bedroom 2 full bath raised ranch with 1 car garage. Maple Kitchen cabinets with granite counters. One of the lowest priced new construction in all of Connecticut. Located only 1 minute from I-84 exit 71. To find the lot, it starts 210' to the left of house 109 Mahaliak Rd. Telephone pole #30311 is close to the boundary line between this lot 2 (to the left of the pole) and lot 3 to the right of the pole which is next to house 109. Google says 18 minutes to UCONN, 26 minutes to Hartford, 18 minutes to UCONN and 38 to Worcester. Construction-perm financing available with as little as 5 percent down payment!
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Laminate Floor | 12.0 x 11.0 | Upper |
Bedroom 2 | Wall/Wall Carpet | 12.0 x 12.0 | Lower |
Dining Room | Cathedral Ceiling,Sliders,Laminate Floor | 14.0 x 10.0 | Upper |
Eat-In Kitchen | Cathedral Ceiling,Granite Counters,Island,Pantry,Laminate Floor | 14.0 x 9.6 | Upper |
Family Room | Wall/Wall Carpet | 14.0 x 16.0 | Lower |
Living Room | Cathedral Ceiling,Ceiling Fan,Combination Liv/Din Rm,Gas Log Fireplace,Fireplace,Laminate Floor | 14.0 x 16.0 | Upper |
Primary BR Suite | Ceiling Fan,Laminate Floor | 14.0 x 12.0 | Upper |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $311,920 | $311,920 | $311,920 |
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 | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $63 | $63 | $63 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,101 | $2,073 | $2,630 |
Total Monthly Payment | $2,239 | $2,211 | $2,768 |
* 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.