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1003 Victory Highway, North Smithfield, RI, 02896 | $200,000
High traffic, high visibility location in Northern RI. This is a . 62-acre lot in light business and village friendly zoning district. Optimal locale with easy access to Rte. 146, Rte. 295, 30 minutes to Worcester, Providence. Fidelity, Bryant, CVS Corporate all within 15 min drive. Location is close to MA line and Rte 495. Located in Business District (Zoned BN) and there are many local businesses in the surrounding area. More frontage is available via an adjacent strip of land associated with Plat 1, Lot 44-0 Buxton Street. Public water and public sewer is available. This lot may be sold individually or as a package with the adjacent 15-acre parcel on Buxton Street lot for $325, 000. The Town of North Smithfield has expanded their allowed uses for this zoning district. Across the street in the same BN zoning district a very large retail store chain has made a proposal for retail large operation. According to board meeting minutes, there is interest from the zoning board and may likely approve. Interested parties are encouraged to make their proposal to the town that is outside the current permitted uses for this district. To be sold with 0 Buxton Street, see MLS # 1386233, a 15 acres lot zoned residential.
Features
- Amenities: Highway Access,Near Schools,Recreation Area,Street Lights
- Zoning: BN
- Frontage: 112
- Lot Desc: Level
- MLS#: 1384032
- Website: https://www.raveis.com
/prop/1384032/1003victoryhighway_northsmithfield_ri?source=qrflyer
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William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1003 Victory Highway, North Smithfield, RI, 02896
$200,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $160,000 | $160,000 | $160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $884 | $946 | $1,276 |
| Total Monthly Payment | $959 | $1,021 | $1,351 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB