What would you do with 93. 80 acres? What does it offer? Location for sure! This large parcel is just on the edge of a small village, yet very close to Jay Peak. Near one of the boundary borders is a state approved curb cut, permit should be just a formality. This spot lends itself to a build site with wonderful views and just off a paved road with electric at roadside and town sewer available. Just beyond the opposite border of this property is an old driveway referenced on the survey, that leads deeper into the land, through some woods and opening to a pasture that could easily be reclaimed, just beyond that are some nice meadows. This portion of land is completely private, secluded, off grid, great for hiking, hunting and making trails. The property has some existing trails one would want to make more to get through the diverse terrain of mixed woods. The forest varies in the age of the trees as well as species, some could be termed softwood timber now. To recap, toward one roadside border, you do have the convenience of an easy built site and on the opposite border you have the complete privacy, seclusion. The old driveway may have limited use due to some wetland patches. Lots of space recreational use, trails, hunting, etc. What would you do with this 93. 80 acres, a traditional easy build, use it for recreational land, trails, and hunting, or do something off grid? The land is fully surveyed and not in Current Use. Booked to look.
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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 | $199,200 | $199,200 | $199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,210 | $1,210 | $1,574 |
Total Monthly Payment | $1,285 | $1,285 | $1,649 |
* 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.