Unique opportunity to build your dream home on a 2.2 acre lot in an established neighborhood and conveniently situated between Routes 9, 140 and 20, and minutes to the MBTA Commuter Rail. Set back from the road and surrounded by nature, stone walls and farmland, these lots were created with intention offering a buyer the opportunity to create their own retreat on an estate sized lot. With secluded access between 96 and 116 Cherry St, the lot travels straight back nearly 200' further into privacy until the lot opens up. This property overlooks the lower field of historic Stonewall Farm where horses are turned out daily to graze and features over 18 acres of manicured fields and ponds that have been maintained as farmland since the early days of Shrewsbury. Water and sewer available at the street.
Lot 2 Cherry St, Shrewsbury, MA, 01545
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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