154 Lafayette Rd, Salisbury, MA, 01952 | $750,000
This 7. 13+ acre parcel of predominantly wooded land in the “LM-B” (Lafayette Main – B) zone with frontage on Lafayette Road is conveniently located to U. S. Route 1 and affords a variety of commercial uses and mixed residential development by right and by Planning Board approval. Seller will consider reconfiguring lot lines based upon a buyer’s specific needs. A conceptual plan is included for a proposed use but has not been submitted to the Town of Salisbury for permitting. Refer to "Concept Plan" attached with proposed lot line configuration. Prospective buyers should perform their own due diligence with regards to approved uses. This will be the first deed out for this parcel and will be assigned a Book & Page number once the final plan is recorded at the Registry of Deeds. Seller shall obtain and record a final approved ANR plan just prior to closing.
Features
- Amenities: Walk/Jog Trails, Bike Path, Highway Access
- Zoning: LM-B
- Frontage: 100.00
- Lot Desc: Level, Wooded
- Elem. School: Salisbury
- Middle School: Triton
- High School: Triton
- MLS#: 73245567
- Days on Market: 233 days
- Website: https://www.raveis.com
/prop/73245567/154lafayetterd_salisbury_ma?source=qrflyer
Listing by Sally Laffely courtesy of Laffely Real Estate Associates
William Raveis Family of Services
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052
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Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
154 Lafayette Rd, Salisbury, MA, 01952
$750,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
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 | $600,000 | $600,000 | $600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,942 | $3,988 | $5,060 |
| Total Monthly Payment | $4,034 | $4,080 | $5,152 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630