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48 Upper Oak Hill Road, Newfane, VT, 05345 | $140,000
If you are looking for a great opportunity to build your dream home in Vermont, you will love this property situated high on a hilltop in Newfane. The property has a lot of potential, as the foundation and subfloor are already completed, and the sale comes with plans for a beautiful Cape that features a two car garage under the home. You will also get the plans for the two bedroom septic design. The site is amazing, as it has plenty of natural stone that was extracted from the ledge blasting, which you can use for landscaping or artistic projects. You will also enjoy the gorgeous views of the surrounding area and the tons of sun that brighten up the property. The site is close to the charming Village of Newfane, where you can find The Fat Crow Restaurant, the Newfane Store and Fayetteville Corners. You will also have access to the year-round recreation that the area offers, such as x-country skiing and mountain biking in Grafton, or downhill skiing at Mount Snow, Stratton and Bromley Mountains. This is a special piece of Vermont that you don’t want to miss. The property is also conveniently located near I-91, making it easy to travel to Boston and NYC. Don’t miss this chance to own a Vermont gem!
Features
- Zoning: Residential
- Frontage: 435
- Lot Desc: Country Setting
- Elem. School: Newbrook Elementary School
- Middle School: Leland Gray Union Middle/High
- High School: Leland Gray
- School District: Windham Southeast
- MLS#: 4983582
- Website: https://www.raveis.com
/prop/4983582/48upperoakhillroad_newfane_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 6/2/2024Listing courtesy of Berkley & Veller Greenwood Country Phone: 802-254-6400
Listing Agent: Thom Dahlin
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
48 Upper Oak Hill Road, Newfane, VT, 05345
$140,000
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 | $112,000 | $112,000 | $112,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $774 | $744 | $960 |
| Total Monthly Payment | $849 | $819 | $1,035 |
* 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