11.5 Acres Approved & Ready to Build! There was a previous single family home on the site. Exceptional opportunity to build your dream home on this private, wooded parcel in Foster. Freshwater Wetlands Permit and OWTS Construction Permit for a 4-bedroom single-family home have already been obtained. The approved design includes an optimized septic system tailored to site conditions. The lot features substantial wetlands and a scenic natural landscape, offering privacy and a unique setting. Buyer/Builder need only obtain a building permit from the town to begin construction. Site plans, permits, and approvals are attached to MLS for review. Rare chance to acquire a large parcel with approvals already in place. Buyer to install septic system (AdvanTex AX20 Treatment System) and well.
61 Howard Hill Road, Foster, RI, 02825
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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