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Presented by![]() Barry Frette |
Looking for property between Okemo and Killington out in the lakes region? This private 5-acre parcel with an unfinished garage/home could be perfect to finish as you like and be ready to enjoy much sooner than purchasing land to improve and build. There is even a 45-acre adjacent parcel of land available with the possibility of building a larger home perhaps a secluded log cabin. There are potential long-range views of Okemo and plenty of room for trails throughout the property. The 45-acre parcel will soon be advertised separately for $325, 000. Finishing this structure to stay in while you build on the 45 acres (and perhaps allow contractors to use) would be bonus and then this property could be a rented or sold. The builder could possibly help to finish the structure with a contract after closing. This listing is subject to division with the subdivision in the final stages and may even be complete by the time this listing is under contract. All information and permits are in the process of being verified. Updates will be posted and more photos are available upon request. There is no wifi for FaceTime showings, but videos may be taken and shared.
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Our Executive Mortgage Banker:
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$175,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 561.880.5587
Barry.Frette@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $140,000 | $140,000 | $140,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.810% | 6.026% |
Monthly Tax Payment | $403 | $403 | $403 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $806 | $896 | $1,163 |
Total Monthly Payment | $1,284 | $1,374 | $1,641 |
* 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.