Here’s a great opportunity to own a special setting that has been carefully created by this Seller. Consisting of 15. 27 surveyed acres, this lot has much to offer. There are two outbuildings. A one-room cabin, which is rentable and has been a five star host on air bnb that includes an outdoor shower, fire pit, and portolet bathroom. In addition is an open style “cook shack”outbuilding with cook area, screened porch and sitting area that overlooks a 15’ deep fresh water spring fed pond stocked with good size trout. The land has had preliminarily engineered septic designs created for two - three bedroom house sites and designs can be easily completed. Located on road with no outlet for a truly quiet setting and quiet street. Approximately a mile to paved main route that will get you to Montpelier in under 30 mins and Hardwick in about 15 minutes so you won’t be entirely out in the boonies but will feel like being off the beaten path. Selling as-is.
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William Raveis Real Estate
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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 | $196,000 | $196,000 | $196,000 |
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 | $1,320 | $1,303 | $1,653 |
Total Monthly Payment | $1,395 | $1,378 | $1,728 |
* 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.