264 Lucas Avenue, Kingston
Permitted zoning for multi-family development or single family lots, current zoning will allow for +/- 47 two and half story (two bedroom) units based on sellers architectural zoning analysis or +/- 10 residential single family building lots. Property is located in an A+ location of higher end homes, less than 1 mile from booming Historic Uptown Kingston, the bus station and walking distance to the Elementary/Middle school and park. Seller has updated survey, phase 1, architectural layout for several different site plans. Property has two access points, one from Lucas Ave and the other from Bluestone Court. Unofficial site test pits have been done by the sellers engineer and there is good drainage from sandy soil. Property would also lend it self to a single family subdivision for 10-12 homes based on current zoning.
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.