Calling on investors, developers & mobile home park owners! Golden opportunity to own your very own Southern Vermont Ponderosa! This property is accessible from Barbers Pond Road & Middle Pownal Road. 108. 75+- combined trailer park, & wooded acres surrounding 21 acre Barber Pond. Sale includes mobile home park, currently with 4 mobile home lot tenants & 1 water front camp. Tenants own mobile homes & rent the lots with current rents at $295. 00/month. Water front camp is rented year-round for $700. 00/month. Pine Ridge Drive is a private road requiring maintenance (including snow plowing) at the cost of owner. Property owner also supplies water & septic to dwellings. This is a great opportunity for someone to upgrade the camp & the mobile home park --- affordable housing is so much needed!
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Our Executive Mortgage Banker:
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$350,000
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 | $280,000 | $280,000 | $280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $809 | $809 | $809 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,863 | $1,886 | $2,401 |
Total Monthly Payment | $2,747 | $2,770 | $3,285 |
* 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.