Amazing opportunity for a builder or investor. 71 Acres of land which abuts a very successful Ludlow subdivision where homes are selling fast and at great prices. This land includes the 57 acres known as 1252 East Street as well as 14 contiguous acres known as 0 Ventura Street. The 3 bed/2 bath home and barn are included in the price. The home is currently rented for $2000/ month. The Ventura Street lot has gravel pit possibilities. The land has primary density studies that reveal perhaps 600K of gravel. Buyer to perform their own due diligence and verify all uses of the property. Land is also available without house, barn and approximately 2 Acres.
1252 East Street, Ludlow, MA, 01056
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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