Rare opportunity to acquire approx 8 acres of land with an existing 3 bedroom single family house, garage parking for 5+ cars and over 350 feet of frontage in the growing coastal community of Salisbury. Plans available to build the equestrian property of your dreams! With public water and sewer available, the property also offers a possibility for a residential subdivision or small residential community, subject to town approvals and due diligence. Located just minutes from Salisbury Beach, Newburyport, major commuter routes, shopping, and restaurants, the property offers an appealing combination of convenience and coastal lifestyle. It is a great opportunity for developers seeking their next North Shore project. Bring your vision! Buyer to perform all due diligence regarding zoning, subdivision potential, and permitting. Please do not walk property without appointment.
Lot Description:
Wetlands, Wooded, Lot Staked
Amenities:
Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Medical Facility, Laundromat, Highway Access, Marina, Private School, Public School
54 Rabbit Rd, Salisbury, MA, 01952
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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