Welcome to the perfect opportunity to build your dream home in beautiful New Haven, Vermont! This 1. 70-acre buildable lot with a four bedroom septic permit in place offers a prime location with remarkable convenience located between Burlington and Middlebury, and comes with some fantastic features already in place, a HUGE savings in the build process. Drilled well, functioning septic, 3-story barn, driveway, and even a pre-existing foundation, this is as build-ready of a parcel as you'll find with little to no infrastructure costs needed! Truly a rare find, and something that does not come on the market everyday! As you explore this picturesque property, you'll immediately notice the spacious barn, a remarkable structure that offers endless possibilities. Whether you envision it as a workshop, storage space, or even as a potential conversion into a unique living area with the right level of craftsmanship, the possibilities are plentiful! The spacious lot features extensive flexibility for home site options, with the two most logical being 1) utilizing and building upon the pre-existing foundation, or 2) creating more separation from the road and building back towards the barn. Bring your own builder or use ours, the parcel features tremendous flexibility and is just waiting for you to call it home. Complete with open fields, tree lined property lines, and extensive fruit tree's, you're not going to find another one like it. Call today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$195,000
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 | $156,000 | $156,000 | $156,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,038 | $1,037 | $1,316 |
Total Monthly Payment | $1,113 | $1,112 | $1,391 |
* 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.