Very rare buildable lot in the center of historic & picturesque Yarmouth Port Village with just under a half acre of level land offering stonewall frontage and a large lawn flowing back to a sizable woodland. Dual Zoned for residential and/or Commercial use, the lot has had civil engineering, an approved curb cut, septic systems proposals as well as architectural sample plans for two possible types of residences giving new owners the opportunity to create their own vision for developing this amazing site in such a special and unique location. History claims that Route 6A began as a Native American trail and once was noted by National Geographic magazine as one of the World's Most Scenic Drives. Yankee Magazine described this same roadway as iconic and timeless. Evolving from a late 17th Century wagon route between Sandwich and Orleans for both mariners and farmers to the Plymouth Colony, it soon became known as The King's Highway. Beautiful historic homes and newer iterations now dot what was officially designated in 1973 as a National Historic Landmark Highway. This is the perfect sought after and extraordinary road to now call home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $319,200 | $319,200 | $319,200 |
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 | $2,151 | $2,122 | $2,692 |
Total Monthly Payment | $2,226 | $2,197 | $2,767 |
* 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.