This stunning piece of raw land, nestled on a serene corner lot, offers an ideal blend of partially cleared space and peaceful woodlands. Imagine waking up to the tranquility of nature while being just 15 minutes away from the shops and restaurants of Morrisville. Situated conveniently close to both Jay Peak Resort and Stowe Resort, you'll have access to some of the best skiing and snowboarding in the region. In the warmer months, explore the extensive hiking trails, float down scenic rivers, or enjoy a peaceful day fishing in the local streams. Green River Reservoir is a mere 10 minutes away! This land is an outdoor lover's paradise, perfect for those who crave adventure and serenity. Whether you envision a seasonal retreat or a cozy single-family home, this land provides the perfect backdrop. Wastewater permits will be needed for building, but the seller is motivated and open to owner-financing, offering a flexible path to making your vision a reality. Please note, there is a wetland on the property, so building setbacks will need to be explored. This is more than just a piece of land; it’s the beginning of your Vermont adventure. Embrace the beauty of all four seasons and create your own sanctuary in this sought-after location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$50,000
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 | $40,000 | $40,000 | $40,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $266 | $266 | $343 |
Total Monthly Payment | $341 | $341 | $418 |
* 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.