29. 5 acres in beautiful, desirable, rural residential area. Gorgeous views in this high elevation location, one of the highest in city of Leominster. DEVELOPERS - with 154' frontage, a road can possibly be built to allow subdivision into multiple housing lots. In this zone, lots are required to be 3 acres each, a perfect possibility for a neighborhood of beautiful private high-end homes with spectacular views. Or BUILD YOUR DREAM HOME with plenty of room for HORSES! Ride snowmobiles, ATVs, dirt bikes on your own private acreage! Or just enjoy long quiet walks in nature. OTHER GREAT POSSIBILITIES ~ AGRICULTURAL, FARM, ANIMALS also a possibility with larger lots in Residential Rural (RR) zone. Some zoning restrictions apply in this RR zone with Water Shed Protection overlay. Being sold AS IS. Buyer is responsible for all due diligence determining the use of the land and for obtaining all city permits and required approvals, for all required testing and installing road and utilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$315,000
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 | $252,000 | $252,000 | $252,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,677 | $1,675 | $2,125 |
Total Monthly Payment | $1,752 | $1,750 | $2,200 |
* 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.