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Known as the Florida Brook Lot this is 239 acres of forest land off Pond Hill Road Huntington, MA. The property is subject to a permanent Conservation Restriction held by the Mass Div Fisheries and Wildlife, which allows public access. The property has been managed by professional foresters for over 50 years and supports a forest of red oak, red maple, birch, white pine and hemlock. A recent timber inventory identified a total volume of 1, 290 Mbdft of timber and 2226 cords with an estimated value of approximately $211, 000. Property is classified under Chapter 61 for reduced property assessment. Deeded access is through a house and barn, so owners allow access a bit south through their fields. Gates must be closed as you pass through to prohibit the cows from getting out. CR is in Book 5971 Page 126. Forest management plan and recent timber inventory are in the documents section.
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William Raveis Mortgage, LLC
Phone: 617.281.4872
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 | $305,920 | $305,920 | $305,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,884 | $1,932 | $2,540 |
| Total Monthly Payment | $1,959 | $2,007 | $2,615 |
* 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.