--- Premiere Building Lot with Driveway Built and Septic Installed --- Just minutes to Manchester and Dorset, this 5. 21-acre building lot offers breathtaking mountain views and a peaceful Vermont setting. The property has been thoughtfully cleared, the driveway built and the septic system installed. Currently permitted for a 4BR main house with 1BR guest house, this septic system has the capacity to instead be used for a single 6BR residence. There is potential for a pond or pool site from which there too would be wonderful mountain views. Surrounded by handsome hardwood forest, discerning buyers will appreciate that the setting is very private while not being too remote. Known for its exceptional soil quality, this quiet corner of Dorset Hill is a gardener’s paradise perfect for an organic vegetable patch or the lush landscape design of your dreams. Only a short walk from the Dorset Hill trailhead, this property offers access to miles of trails for hiking, biking, snowshoeing, XC skiing and exploring. A quick drive to the shops and restaurants of Manchester and Dorset. Close to skiing at Bromley and Stratton. Selling to primary residents (inquire for details about land gains). Come create your legacy home in the Vermont mountains.
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Our Executive Mortgage Banker:
Our Insurance Division:
$435,000
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 | $348,000 | $348,000 | $348,000 |
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 | $2,315 | $2,313 | $2,935 |
Total Monthly Payment | $2,390 | $2,388 | $3,010 |
* 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.