Welcome to Stratton Mountain Forest Farms Neighborhood! One of the few remaining lots with 2. 18 acres in a most desirable and convenient location just minutes to the Base Lodge, SMS and SunBowl! Providing easy access for a driveway off of Nearing Road the lot widens to offer privacy and south easterly orientation and abuts the Winhall Town Forest, protected lands from further development. State Wastewater Permit for a 5 bedroom residence and Survey available! This lot offers many possibilities and potential for views. If you are ready to build your mountain home and seek a permitted mountain lot with lovely wooded setting, convenient proximity to the Stratton Ski Resort, and school choice, this is one of the few permitted parcels where you'll be able to create your 5 bedroom Vermont getaway. Summer and winter recreation is at your doorstep, Mountain Bike, Hike, Kayak Golf, Snowshoe, Ski, Snowboard or Snowmobile. And Manchester is just 16 miles away where you can enjoy restaurants and shopping. Weston Theatre Company, Manchester Music Festival, The Dorset Horse Show all just a short drive. Tired of trying to find the right house in this market of low inventory? Builders are available and this lot is a wonderful opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$169,000
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 | $135,200 | $135,200 | $135,200 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $899 | $899 | $1,140 |
Total Monthly Payment | $974 | $974 | $1,215 |
* 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.