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Wonderful 10. 4+/- acre lot with views of Black Poll, Spruce and Greylock mountains. Located in the small southern Vermont town of Stamford. Sparrow is a quite residential drive maintained year-round by the town. The property slopes up from the road, offering several potential homes sites with very nice views to the southeast. The seller recently had the lot soil tested for septic capacity and found that it is very likely the property will be able to obtain a septic permit. A test pit location map is available. There is a section on the east side of Sparrow Drive that has a nice walking path through it. A winding path from this side of the road could be built to a plateau above Mill Road and River. This plateau would be a great spot for chairs and a firepit to enjoy the sounds of the river below. Neighbor to the north is undeveloped, to the south is a beautiful home with expertly manicured yard. There is a small stream that meanders through the property and likely could be heard from any of the best homes spots. Utility poles are on the frontage with one just on the corner of the property. The lot is zoned “Rural” allowing for typical residential, recreational, and Ag uses. Stamford is located on the Mass border with quick routes to either Bennington, VT or North Adams, MA, for your shopping, health, and entertainment needs. Come Explore today.
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William Raveis Real Estate
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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 | $52,000 | $52,000 | $52,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $337 | $350 | $446 |
Total Monthly Payment | $412 | $425 | $521 |
* 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.