Welcome to 218 Quaker Farms Road. A brand-new 2, 400-sq ft colonial, nestled on a 3-acre private lot in the charming town of Oxford, CT. This thoughtfully designed home offers the perfect blend of space, privacy, and modern living. Including 4 spacious bedrooms, 2. 5 bathrooms, and a convenient second-story laundry room. The luxurious en-suite primary bedroom is your personal retreat, offering both comfort and privacy. Featuring energy-efficient spray foam insulation, propane heating and appliances (w upgrade options), potential for solar panel installation, which makes it perfect for future energy-conscious living ensuring comfort and savings. It is also automation-ready, offering the convenience of seamless integration for today's lifestyle. The property is set on a private 3-acre lot, providing peace and seclusion with a long driveway that ensures your privacy. It backs onto a large conservation area, guaranteeing that the serene natural landscape behind you will remain untouched by future development. With the foundation and septic system already installed, construction is about to begin, offering you the unique opportunity to secure this home before the competitive spring market. Living in Oxford means enjoying a range of nearby amenities, including shopping, dining, and outdoor activities such as hiking, fishing, and easy access to Jackson Cove Park for year-round enjoyment. Don't miss the chance to make this beautiful new construction yours-reserve your dream home today!
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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 | $599,920 | $599,920 | $599,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $166 | $166 | $166 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,941 | $3,987 | $5,103 |
Total Monthly Payment | $4,199 | $4,245 | $5,361 |
* 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.