Discover the potential of this expansive 1. 13 +/- acre lot, ideally situated down the road from the Belchertown Common and close to the five college area. This parcel offers a perfect blend of tranquility and convenience, making it an excellent opportunity for your next project or dream home. BUY LAND, THEY AREN'T MAKING ANYMORE!! This residentially zoned lot has a valid perc test, drilled artesian well and expired septic design from 2019. Embrace the charm of rural living with this unique property featuring a barn that has already begun its transformation into a versatile space. This partially converted barn offers endless possibilities for those looking to complete the project and create their ideal space. Full Electric service and 2 mini split units with heat & air currently service the barn. Enjoy the extra storage with the detached 1 car garage, roadside and cabin! Don’t miss this chance to secure a piece of prime real estate with great views!
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Our Executive Mortgage Banker:
Our Insurance Division:
$124,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $99,920 | $99,920 | $99,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $607 | $607 | $790 |
Total Monthly Payment | $682 | $682 | $865 |
* 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.