830 Sparrow Farm Road, East Montpelier, VT, 05602 | $124,900

Situated on a village-like corner with a view of the mountains. This land has both stunning boulder outcrops and an open area for building a 2-3 bedroom home. It is surrounded by Ash and Maple trees with a Pine forest behind the property. A plethora of Woodland hiking, skiing and bike trails a short distance from the land. You view wild flowers walking across the wooden bridge on the Vermont Land Trust trails, which take you down to the North Branch Nature Center. The land is located on a well maintained road with 3 routes to town. There is a state approved and certified septic design. There is a signed easement with Washington Electric, for an electric power pole on the property and electricity is already available. There is a separate driveway for their services, so that the main driveway is used for the home. If interested, there are also three home designs available on request.

Features

  • Zoning: 2-3 bedroom home
  • Frontage: 20
  • Lot Desc: Abuts Conservation,Mountain,Near Paths,Near Skiing,Rural,Corner,Country Setting,Hilly,Mountain View,Open,Sloping,Trail/Near Trail,View,Walking Trails
  • MLS#: 5009758
  • Website: https://www.raveis.com
    /prop/5009758/830sparrowfarmroad_eastmontpelier_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/22/2024
Listing courtesy of www.HomeZu.com   Phone: 877-249-5478
Listing Agent: Jason Saphire

William Raveis Family of Services

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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830 Sparrow Farm Road, East Montpelier, VT, 05602

$124,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

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 $99,920 $99,920 $99,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $673 $664 $843
Total Monthly Payment $748 $739 $918

* 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.