14,300 sqft lot between Hinckley Lane and Gosnold Road. "Sachem Corner" is the corner of
East Hallowell Lane and Sachem Road, located in a coveted hamlet off homes and conservation land off Cliff Road. A rare opportunity to bridge time between past and present. Build new or expand upon the existing cottage. The deeded beach is just a few hundred yards away and accessible by a private path over the dune. *The two pre-existing structures make sub-division possible with 81L. With 81L, the respective lots are eligible for their allowable 1,500 sqft ground-cover. As one parcel, the R20 lot allows 12.5% of the lot size for groud-cover. There is a permitted six (6) bedroom septic and potential for two systems on the respective lots; four (4) bedroom and three (3) bedroom.
1 East Hallowell Lane, Nantucket, (Cliff), 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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