BUILD YOUR DREAM HOME BY LAKE BOMOSEEN Here's your chance to build your dream home, or seasonal get-a way, on this beautiful 1. 82 acre perked parcel. This gem is permitted for a 3 bedroom single family residence, located on Float Bridge Road, with lake, meadows, woods, and mountain views wherever you look. Imagine yourself daily: boating, swimming, fishing, biking, ice skating, ice fishing, snowmobiling, and x-country skiing whenever you want. The State Boat launch is only 1/4 mile away. And if you enjoy hunting or camping, literally in your country back yard, nestled away in the forests of 3, 500-acre Bomoseen State Park sits the quiet camping area of Half Moon Pond State Park. The list of opportunities and activities is endless. You are 9 miles from Pond Hill Ranch, which offers trail rides, riding lessons, and rodeos every Saturday in the Summer. There is a marina on the lake offering boat rentals, boat and boating equipment sales, repairs, storage and on-lake refueling. There is a public beach and picnic area within 2 miles. There are restaurants, churches, service stations, a 7 day a week medical center, a 9 hole golf course, and Castleton University, all within 5 or 6 miles. You're within 45 minutes to Killington and Pico Ski Resorts. Only 90 minutes to the Burlington and Albany Airports. This beautiful 1. 82 acre lot nestled along Lake Bomoseen is an ideal location for a future permanent home or seasonal get-a-way. Come check it out!
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Our Executive Mortgage Banker:
Our Insurance Division:
$150,000
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 | $120,000 | $120,000 | $120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $778 | $788 | $1,005 |
Total Monthly Payment | $853 | $863 | $1,080 |
* 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.