Attention outdoor enthusiasts, this is your chance to build your dream home/getaway on this private wooded building lot in the desirable Great Hawk community. Nestled in the Green Mountains with southwest exposure and welcome sunlight year-round. This is a fabulous place to build your mountain retreat. Close to some of Vermont's premier ski resorts including Killington/Pico, Sugarbush, backcountry skiing, cross country skiing, snow shoeing, mountain biking, hiking or simply drinking in all the natural beauty surrounding you. For those who like canoeing, kayaking tubing, swimming or fly fishing, the west branch of the White River is within minutes of your front door. The established Great Hawk community offers a network of trails, a swimming pond and tennis courts should you choose to become a member. There is user fee for the tennis courts. The trails and swimming pond are included in the annual fee. This property is conveniently located just outside of the charming New England village of Rochester along scenic route 100 where you will find shops, restaurants, and a vibrant town green where you can enjoy seasonal live music, farmers market and other local entertainment and events. Don't miss this opportunity to own an attractive and affordable property to build your new home. Please visit the Great Hawk Owners Association web page for information about the community. Call today for additional information or to schedule a showing of this lovely property.
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Our Executive Mortgage Banker:
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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 | $15,999 | $15,999 | $15,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $106 | $106 | $135 |
Total Monthly Payment | $181 | $181 | $210 |
* 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.