Dreaming of building a home or cozy cabin in the hills of Western MA? This property offers a rare opportunity to start with many of the essentials already in place. The previous home was lost to a fire in December 2022 and has not been demolished, the current owner has repaired the roof and installed new windows. The original 3 bedroom septic system and deep artisan well were likely not damaged in the fire. Fiber optic internet is available. The original home sits on an approximately 1,352 sq. ft. slab foundation. An A-frame cabin, Conex storage container, and interior doors that could be cleaned and reused will convey. Once home to beautiful herb, vegetable, and flower gardens, this property is ready for its next chapter. Buyer to verify all intended uses with the town.
38 Ed Clark Rd, Colrain, MA, 01340
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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