Escape to the serene beauty of the Northeast Kingdom with this 10. 1-acre parcel of land on Kinney Hill Road in Newark, Vermont. This stunning property offers an ideal blend of privacy and convenience, providing the perfect canvas for your off-grid dream home, cabin, or recreational getaway. Located in a peaceful rural setting, the land features a mix of wooded areas and open spaces, allowing for potential development, farming, or outdoor activities such as hiking, biking, hunting, and nature watching. The gentle slope and picturesque landscape offer incredible views of the surrounding mountains. Don’t miss your chance to own a piece of paradise in one of Vermont's most sought-after regions- close to the Kingdom Trails, Burke Mountain, Mike's Tiki Bar, and many other local favorite spots. An additional 10. 1 acres is available for purchase if more land is wanted. Seller is a licensed real estate agent.
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$99,000
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 | $79,200 | $79,200 | $79,200 |
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 | 7.243% | 7.171% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $527 | $526 | $679 |
Total Monthly Payment | $602 | $601 | $754 |
* 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.