Rare opportunity to purchase a residential lot in Cumberland. According to the Town of Cumberland zoning department, the property is located in an R-2 zone allowing for single-family or duplex residential use, subject to buyer verification and any required municipal approvals. The lot is situated on High Street in an established neighborhood with convenient access to Mendon Road shopping, restaurants, schools, and major highways. Public utilities including water, sewer, gas, and electricity are available in the area. Buyer to perform their own due diligence regarding zoning, permitted uses, utility connections, and building requirements.
Subdivision:
Valley Falls
Permitted Use
Multi-Family,Single Family
Lot Description:
Paved,Level
Amenities:
Highway Access, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks
311 High Street, Cumberland, RI, 02864
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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