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This Retro-Styled, Cape Cod home sits on almost 20 Acres. However, this Opportunity may appeal more for the Land Options rather than the c. 1942, 5 Bedroom, 1 1/2 Bath Home that currently resides on this Wooded, yet Partially Cleared, Lot. Zoning is Special Use, which could mean Anything from Various Residential Uses to a Working Farm, Professional/Medical Offices, Campground, B&B, or an Indoor/Outdoor Recreational Facility to Name a Few. The Home has many memories yet, Sellers are ready to give Someone else a Chance to Enjoy this Home and/or Parcel. Close to Town and Major Routes (Rt. 9, 20, 90 (MA Pike), 84 (CT) and 290). Sturbridge is located at the Crossroads of MA, RI and CT. The CT Line is 10 min away. This Property is a 4 minute drive from Rt. 84, Exit 3. Appx 1 Hour to Airports: Logan, Bradley and Providence. Buyers to do all due diligence. Any information in hand is attached to the listing. This home is being sold "as is".
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William Raveis Mortgage, LLC
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Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $399,920 | $399,920 | $399,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.419% | 5.668% |
| Monthly Tax Payment | $486 | $486 | $486 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,366 | $2,462 | $3,241 |
| Total Monthly Payment | $2,927 | $3,023 | $3,802 |
* 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.