Here is your chance to own over 50 acres of land in Coventry VT. This lot is accessed via a ROW off from Parker Road which is in Brownington. The ROW is currently a trail, which could be accessible with an ATV or tractor but would need a driveway for normal vehicular traffic. The lot slopes gently to the west and there are spots that could have gorgeous views of Jay Peak and the Green Mountain Range. The parcel offers mixed woods most of which is young to middle aged. There is a lot of wildlife sign. This might be a great location to build an off grid cabin, park your camper or you could use it to harvest firewood and for recreation. VAST and VASA trails are both nearby. Coventry has no municipal taxes so the taxes are only $867/yr. Coventry also has no zoning.
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Our Executive Mortgage Banker:
Our Insurance Division:
$84,900
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 | $67,920 | $67,920 | $67,920 |
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 | $413 | $413 | $537 |
Total Monthly Payment | $488 | $488 | $612 |
* 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.