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88-96 Swanton Road, St. Albans Town, VT, 05478 | $449,000
+/- 46 Acres with frontage along a major thoroughfare, providing the opportunity for Commercial and/or Multi-Family Residential Development. This property is located in the St. Albans Town Commercial District with Conditional Use Review of Multi-Family Residential Uses as it is in the Growth Center Overlay. Public Sewer + Water, Electric, and Gas are located at the street. Three Potential Site Development scenarios have been surveyed, creating a possibility of +/- 35 residential multi-units. Should Commercial Development be of interest, the options are innumerable. The Commercial District Conditional Uses list is included with the listing documents. Some of the uses noted are: Research and Testing Facility, Storage and Distribution Facility, Warehousing, Light Industry, Multi-Use Building, PUD, and Multi-Unit Dwelling. It's important to note that this lot currently is comprised of 3 parcels (ref. map + original deed), therefore providing the potential for boundary line adjustments for development purposes. This property provides a tremendous opportunity for developers, growing businesses, new businesses, and ultimately our greater communities!
Features
- Property Type: Development,Opportunity,Vacant Land
- Zoning: Commercial Growth Center
- Frontage: 288
- Acreage: 46
- Est. Taxes: $9,133
- MLS#: 4952243
- Website: https://www.raveis.com
/prop/4952243/8896swantonroad_stalbanstown_vt?source=qrflyer
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 11/14/2024Listing courtesy of Your Journey Real Estate Phone: 802-483-4187
Listing Agent: Leigh Horton
William Raveis Family of Services
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888.699.8876
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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
88-96 Swanton Road, St. Albans Town, VT, 05478
$449,000
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 | $359,200 | $359,200 | $359,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
| Monthly Tax Payment | $761 | $761 | $761 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,450 | $2,387 | $3,029 |
| Total Monthly Payment | $3,286 | $3,223 | $3,865 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484