Prime Development Opportunity: 49+ Acres in Springfield, VT Unlock the potential of this expansive 49+ acre parcel, ideally situated just minutes from downtown Springfield, VT. This prime land boasts considerable road frontage and direct access to town water and sewer, making it a developer's dream. Springfield is a thriving community surrounded by stunning landscapes, with easy access to ski areas, New Hampshire, and the renowned Dartmouth Hitchcock Medical Center. The property benefits from a robust fiber optic network, ensuring high-speed connectivity for future residents or businesses. Additionally, the lot is connected to several residential neighborhoods, providing multiple access points for convenient development. Strategically located along I-91, this site offers excellent visibility and accessibility, ideal for attracting investment and enhancing growth. Whether you envision a sprawling private estate or a well-planned multiple lot subdivision, this land presents unparalleled opportunities for development. Don’t miss your chance to invest in a rapidly growing area with significant potential for appreciation and development. Contact us today for more details and to explore this unique opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$179,000
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 | $143,200 | $143,200 | $143,200 |
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 | $989 | $965 | $1,218 |
Total Monthly Payment | $1,064 | $1,040 | $1,293 |
* 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.