0 Observatory Road, #3, Hinesburg, VT, 05461 | $230,000

Lot 3: Private 2. 92 acre wooded lot for sale in new planned unit development in Hinesburg. The subdivision is on a dead-end road just a few minutes' drive from Hinesburg village. You will not find other lots like these on the market in Hinesburg. They are very private lots in a mature, mostly hardwood forest. Lot 3 shares a private driveway with Lot 2. The driveway has been installed to the housesite by the developer. Water and wastewater permit is in place for Lot 3 for a 4-bedroom single family residence served by a private well and in-ground (conventional) septic system (to be built/installed by purchaser). There is a drilled well in place with 25+/- gallons/per minute at 240' deep. Electrical utilities through VT Electric Coop are installed to the edge of the Lot. Lot 3 is ready for construction. Developer open to working with purchaser's builder on a land/build package.

Features

  • Zoning: RR1
  • Lot Desc: Country Setting,PRD/PUD,Secluded,Wooded
  • School District: Champlain Valley UHSD 15
  • MLS#: 4999279
  • Website: https://www.raveis.com
    /prop/4999279/0observatoryroad_hinesburg_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 Derek Greene   Phone: 860-560-1006
Listing Agent: Derek Greene

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NMLS Mortgage Loan Originator ID 793093

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0 Observatory Road, #3, Hinesburg, VT, 05461

$230,000

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 $184,000 $184,000 $184,000
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 $1,240 $1,223 $1,552
Total Monthly Payment $1,315 $1,298 $1,627

* 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.