The only lot being offerred at this time in the Saltwood Farm Conservation Development which has long views down Paradise Valley toward St. Georges School. The lot is 16,500 sqare feet with 110 feet of frontage and underground electric. The lot abuts 8.6 acres of private open space. Gorgeous sunsets. Close to Middletown Beaches and minutes to Newport. Municipal water and sewer with underground utilities. HOA fees and taxes TBD. Each lot owner also has 1/12th undivided interest in the open space parcel. Easy to show, please do not walk property without listing broker.
Utilities
Cable Available,Electricity Available,Municipal Utilities,Phone Available,Water Connected,Underground Utilities
Amenities:
Golf, Highway Access, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s)
0 Sachuest Drive, Middletown, RI, 02842
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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