Close to the picturesque shores of Great Averill Lake, this 1. 67-acre property awaits for recreational pursuits. Situated in close proximity to Averill Lake fishing access and conveniently located across from Norton Store, granting access to VASA and VAST trails, as well as essential amenities like gas and basic groceries. For hiking enthusiasts, the nearby Averill Mountain trail, along with various other trails, offers ample opportunities. Embrace the Northeast Kingdom's diverse seasons by bringing your recreational gear and settling in this inviting location. Nearby attractions and dining options include April's Maple, Island Pond, Colebrook, Sherbrooke, and Montréal across the Canadian border. Positioned at the intersection of Cottage and Lake View, the property offers a partial view of the lake and substantial road frontage. With a state septic permit in place (WW-7-3161), abundant wildlife, and extensive pristine wilderness, the lot is primed for construction. Stay connected with high-speed internet access and benefit from the proximity of a new cell tower. This location offers the desired conveniences without the stress associated with urban living. Unwind, rejuvenate, and envision your new home taking shape on this captivating lot.
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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 | $44,000 | $44,000 | $44,000 |
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 | $293 | $292 | $371 |
Total Monthly Payment | $368 | $367 | $446 |
* 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.