If you are looking for a large lot to build your new home, be sure to check out this 5.65-acre lot with over 398 feet of frontage. Investors, contractors, or savvy buyers may find the possibility of splitting this lot, based on (Rural Residential) dimensional and density regulations for a single-family home with public water and sewer. The town has it listed as Commercial Potentially Developable. What makes this lot special is the deeded 20-foot easement off Thorndike Street for the installation maintenance of sewer and water lines beneath the ground. Buyers should perform due to verify specific and whether or not the lot can be divided.
Lot Description:
Level, Rolling Slope, Sloped
Amenities:
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
Elementary School:
Old Mill Pond
Lot 8 Breckenridge Street, Palmer, MA, 01069
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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