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Presented by![]() Betsy Wilson |
Unlock boundless potential at 1192 Lower Notch Rd in the quintessential town of Bristol VT, a rare opportunity to craft your dream residence or embark on a lucrative real estate venture. This property, nestled on a sprawling 2. 29-acre lot with tremendous road frontage, offers the perfect canvas for a transformative fixer-upper to put in some sweat equity, and the end product can either be your forever home with with a tremendous equity position, a fix and flip cash flow opportunity, or a long term addition to your rental portfolio. The opportunity is endless within its existing framework as the two bedroom, 1. 5 bathroom residence is primed for your creative vision given its terrific location. The kitchen, already boasting a hightop island, wood cabinetry, and stainless steel appliances, provides a solid foundation for your design. Picture summer evenings spent relaxing on the back deck before heading inside where you've brought your vision to reality within the 2, 000+ sq ft framework. Just a short drive from Bristol town center, this property presents an exceptional chance to create a personalized haven or a valuable investment. Reach out to set a showing ASAP.
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Our Executive Mortgage Banker:
Our Insurance Division:
$229,900
Sales Associate
William Raveis Real Estate
Phone: 508.730.7317
Betsy.Wilson@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.944.8218
Bob.Flynn@raveis.com
NMLS Mortgage Loan Originator ID 6314
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $183,920 | $183,920 | $183,920 |
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 | $431 | $431 | $431 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,059 | $1,178 | $1,527 |
Total Monthly Payment | $1,565 | $1,684 | $2,033 |
* 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.