This 27± acre property in Ryegate, Vermont, offers a fantastic opportunity for camping and RV enjoyment with various year-round recreational activities. Situated in the picturesque Northeast Kingdom, the property includes 7. 5± owned acres of the 17. 4± acre Coburn Pond. This provides access to activities such as fishing, kayaking, boating, snowmobiling, hunting, and camping right from your land. The property is set back from a Class III, gravel, year-round town-maintained road. A driveway off Symes Pond Road leads through the land to a small, secluded clearing elevated above the pond, perfect for placing a camper or tents with scenic pond views. To develop any structure within 250’ of Coburn Pond’s mean water level, a town zoning permit and a state Shoreland Permit are required. A utility pole is located near the access point on Symes Pond Road. Consolidated Communications provides internet, phone, and TV services to homes in the area. The property must comply with state wastewater regulations, wetland and stormwater rules, town zoning, and The Vermont Shoreland Protection Act. This property is perfect for those looking to enjoy the natural beauty and recreational opportunities of Ryegate and Coburn Pond.
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$79,000
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 | $63,200 | $63,200 | $63,200 |
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 | $420 | $420 | $542 |
Total Monthly Payment | $495 | $495 | $617 |
* 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.