This small home is in need of complete interior rehab but is located on a 0. 26+/- acre waterfront lot. Sited on Woodbury Vermont’s famous Sabin Pond, it features 632 SF on a concrete crawlspace foundation with 43 feet of direct lake frontage. The water is shallow on the frontage, so it has a shared 45’ area of deep-water frontage with one other neighbor allowing for your dock or swimming enjoyment. This access is about 600’ from the home. There is also a small 0. 07+/- acre woodlot that is being sold with this home further down the road. Vinyl siding, metal roof, concrete foundation but gutted inside with floors that slope slightly. Home shares a drilled well next door that allows for a 1 BR, ½ bath of use. Increase use requires neighbor permission or drill your own well or use lake water. There is a concrete tank and pump to a leach field. Not sure of the leach field’s location but likely behind the home. Power and Cable available on the road. The road is private with an association for road maintenance, $100 per year. Was used as a residence before during and after 2007 clean slate, so should qualify as a residence and not a seasonal camp. Woodbury is known as the area of “Lakes and Ponds” is this is largest in town. Close to the greater Barre/Montpelier area for medical, employment and shopping. This property is part of an Estate is being sold “As Is”, all inspections must be done prior to making an offer.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$125,000
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 | $100,000 | $100,000 | $100,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $208 | $208 | $208 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $682 | $665 | $851 |
Total Monthly Payment | $965 | $948 | $1,134 |
* 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.