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Presented by
Ricky Smithline |
0 Plainfield Pike, Cranston, RI, 02920 | $108,900
Approved (Previously) Buildable Lot in Prime Cranston Location! Rare opportunity to own a ~5, 000 sq ft vacant lot approved for a single-family home. Previously improved with a residence, this lot offers easy access to public water, sewer, gas, and electric ready to be tapped into, saving time and development costs. Located in a fully developed neighborhood with strong resale potential, this property is ideal for builders or buyers looking to design a custom home. Conceptually suited for a ~1, 300+ sq ft split-level (raised ranch) with 3 beds, 2 baths, open kitchen/dining, and spacious living area, with potential for 10 ft high lower-level ideal 2 car garage with extra storage space. High-visibility, convenient location just 5 minutes to highway access, shopping, restaurants, and everyday amenities. Approvals, well-located, and build-ready opportunities like this are hard to find! Buyer to do: Due diligence. Seller has previous approvals in hand. Lot is located between VFW Post and corner of Curry Rd. State has the address listed as 1428 Plainfield Pike, previous home was condemned over 40 years ago because it was too close to the street. City does not show a record of the homes existence.
Features
- Amenities: Highway Access,Near Schools,Pool,Public Transportation,Recreation Area,Restaurant,Shopping,High Traffic Location,Sidewalks
- Zoning: A6
- Frontage: 0
- Lot Desc: Level
- MLS#: 1408547
- Website: https://www.raveis.com
/prop/1408547/0plainfieldpike_cranston_ri?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Ricky SmithlineAssociate Broker
917.620.0613
Ricky.Smithline@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@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
Rosemarie DePasqualeInsurance Sales Director, William Raveis Insurance
203.561.0013
Rosemarie.DePasquale@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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
0 Plainfield Pike, Cranston, RI, 02920
$108,900
Ricky Smithline
Associate Broker
William Raveis Real Estate
Phone: 917.620.0613
Ricky.Smithline@Raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $87,120 | $87,120 | $87,120 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.304% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $515 | $529 | $706 |
| Total Monthly Payment | $590 | $604 | $781 |
* 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