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3723 Route 14S, Randolph, VT, 05061 | $500,000
Three Park Model homes, each on their own deeded lot! 2023’s net income was approximately $71, 000. Potential to increase this by taking on cleaning & management. Other lots available if you wish to expand income opportunity. Seller created this small community and has been running it as rental and AirBnB income property. Three fully developed lots to be sold as a bundle; made up of Lot #8 2. 2+/- acres, Beautiful Lancaster Cabin Lakeview Model, 2 BR installed septic, shared spring well, fiber and power. Lot #9 1. 7 +/- acres, beautiful Lancaster Cabin Lakeview Model, 1 BR shared septic, shared spring well, DSL and power. Lot #10 1. 1+/- Acres, nice Lancaster Cabin Rancher Model, 1 BR shared septic, shared spring well, fiber and power. Excellent roads, driveways, water lines, ECFiber, and DSL lines with shared maintenance among 7 total lots. In 2024, two of the units run as AirBnB and the third is a month to month, income could be increased by converting back to AirBnB. This small community enjoys a shared open recreation area, 0. 5+/- acre pond, 22 acres of conserved land and wooded uplands. Make it your summer home while earning income, or your permanent residence. Buy and build on one of the other available lots. Seller-managed and they are willing to teach new owners the ins and outs of the property. Current state/town permits, surveyed, and utility drawings. Future owner may sell these lots individually.
Features
- Rooms: 7
- Bedrooms: 4
- Baths: 3 full
- Units: 3
- Style: Cabin,Manuf/Mobile
- Year Built: 2019
- Heating: Heat Pump
- Cooling: Mini Split
- Approx Sq. Feet: 1,152
- Acreage: 5
- Est. Taxes: $8,231
- Lot Desc: Country Setting,Pond,Pond Frontage,Water View,Waterfront
- Water Front: Yes
- Elem. School: Randolph Elementary School
- Middle School: Randolph School UHSD #2
- High School: Randolph UHSD #2
- School District: Orange Southwest
- MLS#: 5009934
- Website: https://www.raveis.com
/prop/5009934/3723route14s_randolph_vt?source=qrflyer
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 9/21/2024Listing courtesy of Preferred Properties Phone: 802-862-9106
Listing Agent: Curtis Trousdale
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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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3723 Route 14S, Randolph, VT, 05061
$500,000
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 | $400,000 | $400,000 | $400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
| Monthly Tax Payment | $686 | $686 | $686 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,430 | $2,430 | $3,161 |
| Total Monthly Payment | $3,208 | $3,208 | $3,939 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484