Lot 67 Mill Street, Templeton, MA, 01468 | $58,590

11052 feet of rail side with partial spur spike in place. Lot 67 is a portion of a Paper mill site. Specifically, the off /on - load and distribution yard for the spur connected to the Boston & Maine Railroad. There is pavement ready to be reclaimed as well as some foundations. A portion of the parcel is wooded and has some timber ready for harvesting. Seasonally it can have as much as 459 feet± of waterfront on the Otter River. Three Phase Power and water at the street is provided by local Templeton Light & Water. Sewer at the street is provided by Templeton Sewer Dept. According to Town Published Zoning Bylaws, RA2 has several “Uses by Right”, including, but not limited to Single/Multi-family Dwellings, Minor Home Occupations & Golf Courses/Driving Range. Special permit uses include, but are not limited to 3+Unit Multi-family Structures, hospital/nursing /rest home, commercial kennels. See attached excerpt. Buyer should confirm all facts! Additional Land Available!

Features

  • Zoning: RA-1
  • Frontage: 70.00
  • Lot Desc: Level, Other
  • MLS#: 73258812
  • Website: https://www.raveis.com
    /prop/73258812/lot67millstreet_templeton_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Karissa Moore courtesy of K&G Realty Services, LLC   Phone: 978-822-8791

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NMLS Mortgage Loan Originator ID 81725

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Lot 67 Mill Street, Templeton, MA, 01468

$58,590

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $46,872 $46,872 $46,872
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $316 $312 $395
Total Monthly Payment $391 $387 $470

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.