803 Burts Pit Rd, Northampton (Florence), MA, Massachusetts, property flyer

803 Burts Pit Rd, Northampton (Florence), MA, 01062 | $90,000

Be part of a vibrant and unique new community! Buildable 10, 119 square foot lot (Lot #3) with city water and sewer in great Florence location! Burts Meadow is a new residential community being developed by Emerson Way LLC. Bring your vision to this piece of land, which is perfect for a smaller dwelling or a more typical size home. Pioneer Valley Habitat for Humanity has constructed three single-family homes on Lots 5, 7, and 9. Emerson Way LLC has constructed six affordable condominium units on Lots 4, 6 and 8. The balance of the lots are expected to be market-rate housing though no assurances are made by Emerson Way LLC on Lots 1, 2, 5, 7, 9, and 10 which are owned by third parties.

Features

Town: Northampton
Amenities: Public Transportation, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Public School, University

Zoning: SC
Lot Desc: Level

MLS#: 72948910
Website: https://www.raveis.com
/prop/72948910/803burtspitrd_northampton_ma?source=qrflyer

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by David Santos courtesy of Coldwell Banker Community REALTORS® Phone: 413-586-8355

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John Carlos MachadoVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2064879

860.604.0905

JohnCarlos.Machado@raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
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978.457.6220

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803 Burts Pit Rd, Northampton (Florence), MA, 01062

$90,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

John Carlos Machado

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.604.0905

JohnCarlos.Machado@raveis.com

NMLS Mortgage Loan Originator ID 2064879

	5/6 (30 Yr) Adjustable Rate Conforming*	30 Year Fixed-Rate Conforming	15 Year Fixed-Rate Conforming
Loan Amount	$72,000	$72,000	$72,000
Term	360 months	360 months	180 months
Initial Interest Rate**	7.250%	7.125%	6.375%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	7.945%	7.282%	6.623%
Monthly Tax Payment	N/A	N/A	N/A
H/O Insurance Payment	$75	$75	$75
Initial Principal & Interest Pmt	$491	$485	$622
Total Monthly Payment	$566	$560	$697

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.