A UNIQUE OPPORTUNITY FOR THOSE WHO ASPIRE TO BUILD A NEW HOME ON 17 ACRES, SURROUNDED BY TREES, PRIVACY AND SUNSHINE! This is a fully approved lot, ready to build a custom home. The parcel is located off the winding, scenic road of Chestnut. A private road has been created, Martha's Way, just for this secluded lot. Upon arriving there, you will see a vast, cleared space with scenic views bathed in light. Four acres are viable for the build and for any other features that can accompany a grand home and yard. The rest of the parcel allows you to have your own wooded, playground--a nature-lover's paradise. This is fully APPROVED to start building one home with well water and private septic. All utilities have been brought to the parcel. Close to I495, I95, Route 1 and !A, the Wrentham Outlets, shopping and dining. This is the perfect location for the estate of your dreams!
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Our Executive Mortgage Banker:
Our Insurance Division:
$700,000
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 | $560,000 | $560,000 | $560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,773 | $3,820 | $4,840 |
Total Monthly Payment | $3,865 | $3,912 | $4,932 |
* 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.