ATTENTION DEVELOPERS! Rare opportunity to own a FULLY APPROVED by ZBA Chapter 40B 20-home development with COMPREHENSIVE PERMIT IN PLACE on one of the last, large parcels in the area. Original by-right approval of 4 lots also in place. Town water/sewer at street. Located in an excellent commuting location off of Gray Street, this impressive 9+ acre parcel of land awaits your new development. The property abuts conservation land and offers ultimate privacy in a woodsy residential neighborhood. The currently planned homes will be approximately 2200-2400 sqft. each consisting of 4 bedrooms, 2.5 Baths, and 2-car garage. Five (5) homes have been designated as affordable.
0 Capodilupo Lane, Billerica, (North Billerica), MA, 01821
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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