Attention developers and builders, an exciting opportunity for a project has arisen in a prime location where new homes are in high demand. 50 acres available with potential to build approximately 25 homes. With the growing population and increasing need for housing, this is the perfect chance to capitalize on potential profits. By acquiring land and building residential homes, you can cater to the market's needs while maximizing your return on investment. Located in a rural area, situated close to an air base and university. Buyers to conduct thorough research on zoning regulations, infrastructure requirements, and market trends to ensure the success of their project. Don't miss out on this lucrative opportunity to make a lasting impact in the real estate industry. (Photos are for reference only and do not accurately represent lot lines/subdivision. Owners home is located on land and will be subdivided upon sale of development, the home is not part of the sale.)
0 Timberidge Drive, Russell, MA, 01071
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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