Conceptual plans in place for a possible 27 unit cluster sub-division. Not far from Mohegan Sun. Easy commute to EB Groton or NL. Wetlands approval in place unitl 2027. Conservation easements in place City Sewer and Sewer capacity has been approved. the curent plans do not yet meet all requirments of the towns regulations and need adjusting. The land is treed and fairly flat except to the rear. A lot of work has ben done. Perfect for a bulder motiated to complete adjustments with town and get building to market small single family homes. $699,000 or BO
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Listing courtesy of Ann Buonocore, Buena Vista Real Estate Co. Email: buena.vistare@yahoo.com
Monahan Drive, Montville, (Mohegan), CT, 06353
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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