Single-family buildable lot for sale in Cumberland offering an excellent opportunity for builders, investors, or buyers looking to construct a custom home. Survey is already in hand, adding value and convenience for future development. Ideal for a spec house or a personalized residence in a desirable suburban setting. Located within an established residential neighborhood known for community charm and accessibility. Minutes to shopping, dining, grocery stores, and local services throughout Cumberland and nearby Lincoln. Convenient access to Route 146 and Interstate 295 for easy commuting throughout Rhode Island and into Massachusetts. Close to Diamond Hill Park featuring walking trails, athletic fields, playgrounds, and recreation. Short drive to Providence for dining, shopping, nightlife, and entertainment. Near schools, healthcare, parks, golf courses, and municipal services.
38 Summit Road, 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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