Come explore the heart of the Green Mountain National Forest and realize the potential for this great 13. 5 acre lot. The land itself is bordered by National Forest land on two sides and is very private while also being super accessible. The layout of the land is gently sloping down from the road to what would be a great building site situated just above a beautiful wetland area. The current owner is an architect who met with foundation crews, engineers, and the state of Vermont to map out building plans. The site includes a new 4 bedroom septic wastewater permit along with a state access permit to put in a driveway off Rt 9. Take advantage and and develop the architectural plans drafted by the owner (included with the property at the buyer's request), create your own vision, or keep it small and simply enjoy your own recreation paradise. The VAST network crosses just down the road with great year 'round access to the Rake Branch Wilderness and beyond. Great for snowmobiling, hiking, snowshoeing, and just being able to access so much wilderness directly beyond your own 13 private acres. Only 10 minutes from the lovely town of Wilmington, VT and 20 minutes from Mount Snow. 2. 5 hours to Boston, 3. 5 to NYC, and an hour from Albany International.
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Our Executive Mortgage Banker:
Our Insurance Division:
$67,000
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 | $53,600 | $53,600 | $53,600 |
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 | $357 | $356 | $452 |
Total Monthly Payment | $432 | $431 | $527 |
* 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.