50 Quannapowitt Parkway is conveniently located along Route 128 (Route 95), at the North Avenue | Wakefield on/off ramps and just 2 exits from Interstate Route 93, approximately 3 miles south of the property. Key "neighbors" are Home Depot, Jordan's Furniture, Crossing @ Walkers Brook (retail), Market Basket and Stop & Shop. Property has 4.55 acres in total with approximately 1 acre being wetlands. Due diligence with the town related to potential uses, zoning, building, conservation, etc. will be the responsibility of potential buyers. Vehicular access on and off the property for a new development is currently via documented easement between the 50Q and 100Q parcels. Potential uses may include: office, health care, assisted living, apartments, retail, restaurant, hotel and research labs.
Lot Description:
Easements, Level, Wetlands, Corner Lot, Irregular Lot, Cleared
Amenities:
Shopping, Park, Walk/Jog Trails, Highway Access
50 Quannapowitt Parkway, Wakefield, MA, 01880
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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