Don't miss the OPEN HOUSE on Saturday 11/16 from 11 am - 1 pm. A versatile 1. 30-acre parcel in Milton's thriving Business District, offering prime development potential. This flat, expansive lot is ideally situated with two existing mobile homes on-site. They’re currently rentable, providing immediate income opportunities or can be removed to make way for your vision. Zoned for commercial and possible mixed-use, this property invites a variety of development options (buyer to verify and conduct due diligence). With public sewer lines readily available at the road and public water onsite, utilities are within easy reach, simplifying your build process. Imagine the possibilities—whether you're looking to create office spaces, retail, or a mix of residential and commercial projects, this centrally located lot offers a blank slate. Milton's growth and accessibility make it a smart investment for anyone with an eye toward the future. Explore this rare opportunity to develop in one of the most desirable locations in town. Contact agent today for more details or to schedule a walk-through!
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Our Executive Mortgage Banker:
Our Insurance Division:
$375,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $300,000 | $300,000 | $300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $350 | $350 | $350 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,047 | $1,994 | $2,530 |
Total Monthly Payment | $2,472 | $2,419 | $2,955 |
* 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.