Business, Investment, and Lifestyle Opportunity in Southwestern Vermont This offering is the opportunity to control as much as 70 acres on both sides of Jackson Cross Road, that includes: 4 single family dwellings (three occupied), one camp structure, the original mobile home park layout of 64 lots (8 not currently served by utilities), 23 park owned mobile homes (subject to possible individual sales to tenants) *, a private water system, and two structures. There are multiple options available to the future owners including to live on the premises in one of the existing homes, to sell off more mobile homes or the single family homes, to subdivide the property and sell individual pieces, to install a park manager and operate this as an investment property from a remote location, amenities to enhance the park's appeal, to add an RV area for seasonal rental income, to develop the currently unused 11 acres on the north side for more homes or an owner's new home, or others. The two sides of Jackson Cross Road are owned under two separate entities, all under the same family control and therefore there are options for how much of the offering the future purchaser wants. The offering can be divided in several different ways however, at this time, there is a preference by the owners to sell everything at once. All mobile homesites either have connection or potential connection to the private water system and town sewer.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.851% | 6.664% |
Monthly Tax Payment | $2,155 | $2,155 | $2,155 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,291 | $7,783 | $10,453 |
Total Monthly Payment | $9,571 | $10,063 | $12,733 |
* 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.