Wonderful opportunity to purchase a getaway parcel that has views and is predominantly surrounded by National Forest. This is being sold for a recreation lot, deer camp, camp situation. There is no perc testing done, the access is very steep, probably prohibiting residential use. The owner is looking to liquidate the land and does not wish to investigate residential use. According to the owner's attorney there are two rights of way, one being for timber harvest, the other for access. Neighbors do not want land sold, please be courteous when parking on public roads. Great view potential. Great hunting or camping location, not far off road, but very private, with the Green Mountain National Forest, literally as your back yard. Photos provided from late spring, offering visibility of ground, with leaves off, summer photos coming shortly. Timber inventory provided from 2008, this property has not been cut for many years, so the trees have only grown bigger from 2008. (See Documents under D) Bring your own mill on site and make a cabin/retreat, no zoning makes life easier.
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William Raveis Real Estate
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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 | $117,600 | $117,600 | $117,600 |
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 | $782 | $782 | $992 |
Total Monthly Payment | $857 | $857 | $1,067 |
* 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.