Prime building opportunity in the heart of Vermont's four season playground! Flat lot w/enviable location near Haystack Golf Course & scenic Valley Trail. This parcel boasts not only a great location but also added convenience w/power, public water & sewer infrastructure adjacent to the property, sparing buyers the hassle and expense of installing and maintaining private systems. Coldbrook Fire District owns the adjacent lot, providing a nice buffer between you and the next residential lot. Vibrant downtown Wilmington beckons with its eclectic array of shops, dining and entertainment just minutes away. Conveniences like grocery stores, pharmacy, medical center are also near the village. Lake Whitingham's ( Harriman Reservoir) Marina is just a few miles and offers a gateway to aquatic adventures, motorboating or enjoying tranquil kayaking excursions amidst picturesque surroundings. Nature enthusiasts will appreciate the proximity to national forest, hiking trails, and snowmobile trails right are at the entrance of the private drive loop. For winter sports enthusiasts, Mount Snow Resort, Prospect Mountain and exclusive Hermitage Club are mere minutes away. This property presents an exceptional blend of convenience, and recreational amenities, making it an enticing investment opportunity or an idyllic location to build your dream home. Don't miss out on the chance to experience the best of Wilmington's ( and Vermont's!) lifestyle offerings.
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Our Executive Mortgage Banker:
Our Insurance Division:
$39,900
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 | $31,920 | $31,920 | $31,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $220 | $215 | $272 |
Total Monthly Payment | $295 | $290 | $347 |
* 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.