Come take a look at this 18+/- acre property featuring 2, 100+/- feet of charming Levi Brook frontage within the peaceful countryside of Newbury, VT. A professionally built, rouged-in driveway has been constructed off Fuller Rd with a town approved driveway permit which leads to a private potential homesite surrounded by mature woods. An excellent opportunity for those seeking tiny home living or a getaway cabin in the rural lands of Vermont. With frontage on two roads, Swamp Rd and Fuller Rd, enjoy the sounds of running water running parallel to both. Off-grid would be easiest; however, power is reasonably close approximately 800 ft away or choose another access or potential homesite that may be closer. Power is located off Thompson Rd across from the Swamp Rd frontage. No soil tests have been conducted at this time to identify appropriate soils for a wastewater system per state regulations. But the State system shows Group 1 septic soil, these are prime for septic. Phone and internet run along Fuller Rd. Both Fuller Rd and Swamp Rd are year-round, town maintained and plowed roads. Good proximity to US-302, I-91, VT-25, Vermont’s Barre-Montpelier area, and the White Mountains of New Hampshire. Many access point to the VAST snowmobile trail system in the area.
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Our Executive Mortgage Banker:
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$94,500
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 | $75,600 | $75,600 | $75,600 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $503 | $502 | $638 |
Total Monthly Payment | $578 | $577 | $713 |
* 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.