Waterfront ~15 acre lot located on Sawdy Pond. This wooded 15 acre parcel is zoned R80 residential and is located on the RI/MA state line. Ten of the acres are located in Tiverton, RI and the other five acres are located in Fall River, MA (Plat Y, Block 7, Lot 30). Also included in the sale is plat 512/670 zoned residential. The property can be accessed from Bulgarmarsh Road and Restful Valley Ave. An Boundary Survey and Wetland Survey showing two possible home sites is available. This property would make a lovely single family estate. There are two possible homes sites on this 15 acre lot. Water views and privacy with water access on Sawdy Pond makes this a unique property for a year round or a summer home option. There's so much to enjoy from this property, book your appointment today. Priced below assessed value.
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $158,400 | $158,400 | $158,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,041 | $1,041 | $1,326 |
Total Monthly Payment | $1,116 | $1,116 | $1,401 |
* 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.