Nestled between Moscow and Mountain Road, this 0. 33-acre lot offers the perfect balance of privacy and accessibility to the heart of Stowe. Perched in a quiet neighborhood above Route 100, the property boasts terrific year-round convenience to all that Stowe offers, as well as seasonal views of Mt. Mansfield! Located just a short . 3-mile walk from the Commodore Inn ski shuttle stop and bikeable to the Cady Hill trails, outdoor enthusiasts will fall in love the accessibility to Stowe's world-class recreational activities just a stones throw from their new-build oasis, throughout all four seasons. With current approval in place for 6 bedrooms, currently split into two, 3-bedroom townhomes, the opportunities are immense! Whether you're envisioning your dream home or seeking an investment opportunity for short or long term rental income, this Stowe location is ideally situated to maximize your intended use. Builder in place willing to extend tremendous flexibility in what's possible, reach out ASAP to discover all of the various options and possibilities that this parcel beholds.
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$195,000
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 | $156,000 | $156,000 | $156,000 |
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 | $948 | $948 | $1,233 |
Total Monthly Payment | $1,023 | $1,023 | $1,308 |
* 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.