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Incredible development opportunity to build multiple homes in Carlisle. On site is a single Colonial home built in 1975 w/ 2, 078 sq. ft. of living area, 3BR, and 2 full BA. The home is being sold as-is and is considered a tear town for this development. The site has a special permit for a 6-lot Conservation Cluster development. This unspoiled land includes a total of 17. 32+/- acres with approximately 900 feet of contiguous frontage on West Street. The site is mostly wooded with level to moderately sloping topography. Wetlands have been flagged. There is an intermittent stream in the central portion of the site and a wetland area in the far western portion of the site. A 13. 83-acre portion of the property is enrolled in Chapter 61 and subject to a 120-day municipal right of first refusal and rollback tax if converted from forestry use to residential development. The Seller will pay the rollback tax if applicable.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,450,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,960,000 | $1,960,000 | $1,960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,129 | $12,068 | $16,540 |
| Total Monthly Payment | $11,254 | $12,193 | $16,665 |
* 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.