Discover the potential of this expansive 18.5-acre parcel of developable land located on William Reynolds Rd in charming Exeter, RI. Zoned RU-4, this property offers the unique opportunity to subdivide into up to four lots, providing flexibility for various development plans.
The property features two wells installed in the northeast corner, with the owner noting the presence of an aquifer below ground, enhancing the land's value and utility.
Buyers are encouraged to conduct their own due diligence to explore the full potential of this remarkable piece of land. Whether you're envisioning a private estate, a family compound, or a new development, this property offers a blank canvas to bring your vision to life. Don't miss this chance to invest in a promising piece of real estate in a desirable location.
0 William Reynolds Road, Exeter, RI, 02822
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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