Lot has been cleared... A vacant lot in an established area near Surfside, Gray Avenue has seen some beautiful new construction homes built and recently sold that rival areas such as Miacomet and Hummock Pond. A large main house, pool house and pool are all possibilities here. Town sewer and water available. The zoned area (R10) provides lots that are 10,000+ sq ft, and allows for 25% ground coverage with a structure (approx 3800 square feet of ground coverage), not including decks and pools / courts. The potential is vast with this parcel. Soil testing complete and results available to share. The layers were mostly loamy sand with one layer of sandy clay.
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Listing courtesy of Gina O'Callaghan, Fisher Real Estate
7 Gray Avenue, Nantucket, (Mid Island), MA, 02554
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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