Nestled on the corner of Terra Ferma Drive - a dead end road community in picturesque Egremont, this partially constructed home offers a unique opportunity to finish building your dream retreat. Current builder is prepared to finish construction starting immediately after change of ownership. The house's foundation has been poured, the deck has been laid and power has been brought to the site. The property includes a well, septic design, and building plans, providing a solid foundation for you to further customize to your taste. Enjoy the convenience of this location, surrounded by the natural beauty of the Berkshires with hiking trails, skiing, lakes/ponds and scenic views nearby. This property is your canvas to create the perfect home. Sale is for the property in its current condition.
1 Terra Ferma Dr, Egremont, MA, 01258
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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