This 3-acre parcel in Middletown is a prime piece of land, especially with it's elevated location and access to public water and sewer. There is potential for a 4-lot subdivision, buyer to do their own due diligence. The land is level with no wetlands and already cleared making it even more desirable for building your dream home.
The close proximity to local beaches and downtown Newport adds appeal. With 173' of frontage on Honeyman Avenue, it's easy to envision your custom built home.
Subdivision:
Green End Ave/ Turner Rd
Utilities
Electricity Available,Municipal Utilities,Water Connected
Amenities:
Golf, Near Hospital, Near Schools, Recreation Area, Restaurant, Shopping
0 Honeyman Avenue, 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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