00 German Flats Road, #3, Fayston, VT, 05673 | $165,000

Location. Location. Location. Dreaming of Vermont while surfing the real estate ads? Stop scrolling and start living. Break ground this spring on your forever home in the Mad River Valley. Cozy house site in a BIG LOCATION off German Flats Rd, overlooking the Slide Brook. The (proposed) level house site is perched above the babbling Slide Brook, a stones throw from world class skiing at Sugarbush Resort, a short drive to Mad River Glen and just across the street from the Fayston Elementary School. If lift service isn't your thing, hop through the woods to the Catamount Ski Trail, one of Vermont's most treasured back country gems. Or hop on your mountain bike and navigate the veritable bike park that is the Mad River Valley. State Approved 5 BR septic system design, just waiting on final site plan following recent lot line adjustment. Stop dreaming and start living. Whether you're planning a luxury vacation home, a stylish retreat or the forever home you've dreamed of, make the Mad River Valley the landing spot for whatever adventure is next on your bucket list.

Features

  • Zoning: rural residential
  • Lot Desc: Recreational,River,River Frontage,Ski Area,Subdivision,Trail/Near Trail,Water View,Wooded
  • Elem. School: Fayston Elementary School
  • Middle School: Harwood Union Middle/High
  • High School: Harwood Union High School
  • School District: Washington West
  • MLS#: 5016754
  • Website: https://www.raveis.com
    /prop/5016754/00germanflatsroad_fayston_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/5/2024
Listing courtesy of Doug Mosle Real Estate   Phone: 802-583-4566
Listing Agent: Doug Mosle

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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00 German Flats Road, #3, Fayston, VT, 05673

$165,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

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 $132,000 $132,000 $132,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.490% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.490% 6.654% 5.752%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $834 $833 $1,078
Total Monthly Payment $909 $908 $1,153

* 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.