Embrace the rustic allure of Vermont with this remarkable 25-acre lot in Newbury, situated on the serene Scotch Hollow Road. This sizable parcel presents an exquisite tableau of Mother Nature's artistry, featuring a gentle slope, two picturesque clearings suitable for home construction, and a charming brook meandering through the landscape. The larger and upper clearing promises a sun-dappled haven of tranquility and privacy, an ideal canvas for your dream home, as it sits perched higher on a hill and encircled by majestic trees, offering stunning vistas and the potential for trail conversion, creating a paradise for outdoor enthusiasts. Envision snowmobile adventures during the winter, ATV rides in the spring, and hunting trips in the fall right on your doorstep. When summer arrives, pristine Halls Lake, less than a mile away, beckons with the promise of boating, swimming, and waterside relaxation. This enviable location is just 4 miles from the charming downtown of Newbury, renowned for its delightful village stores and warm community spirit. With such an abundance of natural beauty and recreational potential, this distinctive lot presents an unparalleled opportunity to create a personalized sanctuary amidst Vermont's lush landscape. Act swiftly to secure this captivating piece of Newbury, where your dreams of the ultimate rural retreat can be brought to life.
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Our Executive Mortgage Banker:
Our Insurance Division:
$169,900
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 | $135,920 | $135,920 | $135,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $904 | $903 | $1,146 |
Total Monthly Payment | $979 | $978 | $1,221 |
* 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.