20 Indian Point Rd, Webster, MA, 01570 | $2,800,000

Webster Lake Is Calling- (Pick Up. ) Most people dream of owning waterfront land. You could own 3 parcels of it. This 1. 33-acre peninsula on Webster Lake was previously 3 separate waterfront lots & may be subdividable back into 3. That’s not just a property — that’s a full-blown strategy. Build 3 luxury Airbnbs & let the lake pay your mortgage. Create the ultimate family compound w/ enough space that you still actually like each other. Go the ADU route & stack income streams. Explore condo conversion & watch your investment multiply. Build multiple docks, rent out slips & let the water work for you 365 days a yr. Smart investor? This is your sign. Dream builder? Same. Family visionary? Absolutely you. Town water & sewer available. Panoramic views, unmatched privacy & the kind of potential that makes your jaw drop faster than the anchor! All uses subject to town approval — buyer to verify w/ town prior to any change in use or status. 3 lots. 1 insane opportunity. What took you so long?

Features

  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, Public School
  • Zoning: Lake 5
  • Lot Desc: Level
  • Water Front: Yes
  • MLS#: 73531902
  • Website: https://www.raveis.com
    /prop/73531902/20indianpointrd_webster_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Kim Synott courtesy of Broker Office Not Found

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Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

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20 Indian Point Rd, Webster, MA, 01570

$2,800,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,240,000 $2,240,000 $2,240,000
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 $12,718 $13,792 $18,902
Total Monthly Payment $12,843 $13,917 $19,027

* 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.