This property is a gem! Potential for an elegant housing development. The property has the potential for spectacular Western / Southwest /Northwest water view sites overlooking the Sakonnet River and Nanaquaket Pond. There are other potential homesites which have open field overlooks to the pond and barn area (can be a possible horse stable) & natural preserved area. The use of the property could be for an estate lot. The land and area could possibly support a number of very high-end buildouts. Ask for details. The site is near some higher value homes in the area. A typical home built to a reasonable quality for a housing development could easily sell for well over a million in this market. Bring your ideas. The property has a beautiful brook running through it with three waterfalls and a 1-2 Acre pond which is fed by the brook.
Lot Description:
Easements, Level, Rolling Slope, Elevated, Wetlands, Sloped, Wooded, Cleared, Farm, Steep Slope, Other
Amenities:
Public Transportation, Shopping, Walk/Jog Trails, Conservation Area, Highway Access, Marina, Public School
Elementary School:
Ft Barton
High School:
Tiverton High
536-R Highland Rd, Tiverton, RI, 02878
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
