ATTENTION BUILDERS! Here’s your chance to build your dream home or a duplex on a spacious 0. 63-acre lot. The existing structure on the property is not on a foundation and should be considered a tear-down. Gas and electrical utilities are already at the house, and it’s connected to town water and sewer. This lot is ideally located near the Whitman train station and Route 18, with pharmacies, restaurants, and supermarkets just minutes away, Seller has completed all necessary preparations to apply for a building permit for two units, including obtaining planning zoning approval, a wetland report, and water and sewer reports, the actual building permit has not been applied for. The responsibility for securing the building permit will rest with the buyer. All preliminary work required prior to applying for the permit has been completed by the seller. All necessary documents, including the surveyor plan, deed, wetland report are attached to the MLS listing. Don’t mis this opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$340,000
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 | $272,000 | $272,000 | $272,000 |
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 | $1,833 | $1,808 | $2,294 |
Total Monthly Payment | $1,908 | $1,883 | $2,369 |
* 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.