With the demand for housing sky rocketing, it is hard to find the right land to build on. This is a rare opportunity for all developers to build on a unique piece of land. The property is beautiful and lightly wooded. Available utilities, consisting of City Water, Sewer, and electric lines on the road, all cut construction cost significantly, tucked in a private road, yet less than minutes away from downtown Norwich makes the location ideal for marketing the units, The property shares its rare borderline with the Foxwood Casino parking lot and other subdivisions. The road to success starts at Palmer Street. Request your private showing today for more information. Please see attached supplement.
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Listing courtesy of Bob Yostos, Coldwell Banker Realty Email: bob.yostos@cbmoves.com
00 Palmer Street, Norwich, CT, 06360
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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