Take a look at this opportunity to own 30 acres in Plainfield, Vermont! Sitting below Spruce Mountain on a dead-end road between Barre City, Orange and Plainfield Village, this location feels very private while having access to all the amenities you need within a short drive. Whether you are searching for hunting retreat, a place to locate a new pre-fab or mobile home, or you want to build a brand-new custom home, this property offers so much potential. The camp home and cottage have recently been demolished down to the footprint of the existing foundation. With a driveway, on-site power, private drilled well and septic in place, it offers a unique opportunity to build without jumping through all the permitting hoops first. There is a large, picturesque, spring-fed pond to enjoy, plus a year-round brook runs into a biologically diverse wetland area for wildlife lovers. The driveway takes you up to a lovely open and flat meadow area w/ room to decide exactly where the new home should sit. Seller is a mason and builder and open to helping you install a new foundation/basement or build your dream home this summer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$275,000
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 | $220,000 | $220,000 | $220,000 |
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 | $1,427 | $1,445 | $1,842 |
Total Monthly Payment | $1,502 | $1,520 | $1,917 |
* 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.