This lot consists of 2.05 acres of improved land with driveway, upgraded private well, cleared building envelope, stone walls and privacy borders. The Soil Test has not yet been performed. The value placed on this lot is with a the expectation a successful soil test will be conducted and satisfactory to the City of Gloucester's Board of Health to ensure the lot is viable to build on. An application for the soil test has been submitted. The Zoning is R-80, requiring 100 feet of frontage and 80,000.00 square feet of land for a single family, with 40,000 square feet of land required for additional units. Acreage will allow a two possibly three family residence. Nice private location in woodland setting to build dream home or two family residence.
Lot Description:
Level, Wetlands, Wooded, Cleared
View Description:
Scenic View(s)
Amenities:
Public Transportation, Shopping, Walk/Jog Trails, Golf, Conservation Area, House of Worship, Public School, T-Station
Elementary School:
West Parish
High School:
Gloucester High
79 Woodman St, Gloucester, (West Gloucester), MA, 01930
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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