Just west of 295 and abutting the Smithfield land trust, this 20-acre parcel of raw land is ready for development. Zoned R-80, the property is wooded, private and full of potential. The engineer's conceptual subdivision plan includes 7 large lots strategically sited along Wolf Hill Rd and proposed, new cul de sac. Right of way access from Mountaindale Rd. With inventory at an all time low and new construction in high demand, 7 new homes or 7 individual lots would be well received in the current market. Approvals needed. Buyer to do due diligence.
Permitted Use
Residential,Single Family
Utilities
Electricity Available,Municipal Utilities,Water Connected,Water Not Available
Lot Description:
Rolling Slope,Wooded,Wetlands
Amenities:
Highway Access
95 Wolf Hill Road, Smithfield, RI, 02917
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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