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Located in the commercial zone but in mostly residential area of the commercial zone in this area. Zoning in this area allows for up to 3 units per acre. Only restriction is no mobile homes & no businesses with auto repairs( where autos would collect for long times visible to king Road) or gas related businesses. The lot is perfect for someone wishing to have an in-home business as you could have a home on the plateau off King and a business in the basement/walking out to a parking area off Rte 3 coming in off northern end. It also could have multi family (provided testpit allows) but the lot to the left when on king has a 3 unit condo complex. There is a brook that runs on the northern bound of the lot and mtn views with clearing across Route 3. This lot was priced to sell quickly as the owner has a plan for renovations on his home that he wishes to pay cash for (would like this is a deal for the price so dont look to do better). frontage of 241 on King Road with a plateau that use to have both a barn and a corncrib (many years ago- but by this saying it is a good site up there) and 239 feet on Route 3 . land slopes up from 3 to King . Please note the tax card on sales data is incorrect as to the chain of title of sale to this owner. Also the tax map shows that there is 239 feet frontage on Route 3, the deed (survey ) show that Route 3 frontage is 138. 73. And the frontage on King is 241. 00 feet . So total frontage is 379. 73 feet between the two roads .
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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 | $63,920 | $63,920 | $63,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $388 | $404 | $531 |
| Total Monthly Payment | $463 | $479 | $606 |
* 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.