THIS IS A TWO LOT INCLUSIVE LISTING. Here's your chance to own not one but two of the few commercial land properties available in the area for one price! Located on busy US Route 2 in Moretown, the 1. 08 and a 1. 75 acre lots are located within commercial zoning and are close to I89 between Middlesex and Waterbury. They are being sold together and would be a nice opportunity for the right person or entrepreneur. With power and cable at the highway and established paved entry, there are many ventures that could be had with easy access! They both have adequate road frontage thanks to the central abutting property and established easement. With clearings and the Winooski River's beautifully curved channel and gorgeous island backdrop, It might be an awesome place to set up prop photography, dog park, wedding venue, farm stand, or other creative riverfront venture! Property address changed to 0 Bouramia Dr. Moretown, VT
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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 | $31,920 | $31,920 | $31,920 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $212 | $212 | $269 |
Total Monthly Payment | $287 | $287 | $344 |
* 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.