WATERFRONT - three consecutive waterfront lots located on a secluded pond in the heart of Vermont in the town of Newbury. At the top of a dead-end, road lies an adorable four-season camp with an absolutely incredible view of the water. A private beach on the waters edge of your owned waterfront parcel with 225 feet of frontage. Lots 61, 62, & 63 make up this 0. 9-acre parcel. With a drilled well installed in 2022 and electric already installed on 2 of the lots. Private septic and a 3 bedroom, single bath camp with a wall furnace, forced hot air, and wood stove. 100 amp electric, circuit breakers, gas range, full size fridge, washer and dryer, updated fixtures and floors, and an enclosed porch to sit and relax and enjoy the view. Imagine fishing off your front lawn, an early morning kayak or canoe as the sun rises and the fog lifts. A soft, sandy walk-in beach amongst your private oases. A truly magical escape, surrounded by wildlife, off the beaten path but easily accessible year-round. The perfect place for a family getaway or potential rental opportunity. Home will be sold with most furnishings included. Turnkey and move in ready. Camp was constructed in 1985 on post and piers, surrounding an older mobile home, year unknown. Such an incredible property, an opportunity you won't want to miss. Don't hesitate, this won't last long! Open house scheduled for Saturday, 9/14/2024 from 11am-1pm. Showings to begin immediately, sellers reserve the right to accept an offer at any time.
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Our Executive Mortgage Banker:
Our Insurance Division:
$234,900
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 | $187,920 | $187,920 | $187,920 |
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 | $202 | $202 | $202 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,142 | $1,142 | $1,485 |
Total Monthly Payment | $1,419 | $1,419 | $1,762 |
* 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.