LOT 5 - Discover the rare opportunity to own 10 pristine acres in Danby, VT with a fully permitted building site, featuring some of the most spectacular scenery in all of New England- unparalleled 180 degree panoramic views of the Green Mountains, Dorset Peak and and the Taconic Mountains. Only 20 minutes to Manchester, Dorset or Rutland, this unique parcel offers a chance to craft your dream retreat, family estate, or vacation property in one of the most magical settings in all of Southern Vermont. Act 250 permits in place as well as a clean Phase 1 Environmental Site Assessment. The property offers an enchanting landscape with south sloping open mountain meadows, woods, a stream and a small pond. There are six vacant barns, three of which are ~1800's hand hewn timber frames. Danby is known for its natural beauty as well as its welcoming small-town atmosphere and access to outdoor activities, including hiking and skiing in the stunning Green Mountains. A short drive to the Vermont Summer Festival Horse show in Dorset, the Smokey House Center in Danby, or numerous award winning golf clubs, ski mountains, and summer lakes. School choice is available for grades 6 to 12 (Long Trail School, Maple Street School, Burr and Burton Academy). High speed fiber broadband available at street. Additional lots available (3 & 4) under separate listings.
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
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 | $319,200 | $319,200 | $319,200 |
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 | $2,124 | $2,122 | $2,737 |
Total Monthly Payment | $2,199 | $2,197 | $2,812 |
* 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.