1262 Reservoir Road, Berkshire, VT, 05450 | $110,000

This unique 10. 06 acre parcel in the picturesque town of Berkshire is ready for it's dream home. Beautiful views, wooded area for privacy, unique hills, this lot has so many corners to explore! A great hunting area and only 5 minutes to Enosburg Falls village amenities and 5 minutes to the Berkshire Elementary school, an excellent small classroom K-8. The land overlooks stunning cornfields that are in the VT Land Trust, meaning they will remain farm land and beautiful views. Only 67 miles from Montreal and 20 minutes to four-season Jay Peak Resort! An older state approved septic design is available to the purchaser, but an updated system will likely need to be designed and installed. No mobiles homes or double wides allowed. Lot cannot be further subdivided.

Features

  • Zoning: Residential/Agriculture
  • Frontage: 201
  • Lot Desc: Near Paths,Rural,Country Setting,Hilly,Recreational,Secluded,Sloping,Timber,Trail/Near Trail,View,Wooded
  • Elem. School: Berkshire Elementary School
  • Middle School: Berkshire Elementary School
  • High School: Choice
  • School District: Franklin Northeast
  • MLS#: 5017106
  • Website: https://www.raveis.com
    /prop/5017106/1262reservoirroad_berkshire_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 11/23/2024
Listing courtesy of Sherwood Real Estate   Phone: 802-782-0821
Listing Agent: Shayna Sherwood

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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1262 Reservoir Road, Berkshire, VT, 05450

$110,000

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 $88,000 $88,000 $88,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $585 $585 $755
Total Monthly Payment $660 $660 $830

* 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.