Located in a quiet country setting, this 21. 1 +/- acre property offers excellent potential for a future homesite with gorgeous mountain views in Vermont’s Northeast Kingdom town of Lemington! With a mostly level topography, the property features a 9. 6 +/- acre field that is surrounded by tree lines & directly accessible from the gravel, Class III, town-maintained Sims Hill Road. Views of Vermont’s Monadnock Mountain from the property are best enjoyed setback from the road frontage & toward the back of the open field. Perfect for your private, year-round home with homesteading possibilities, the large field offers enough room for an expansive garden, farm animals & general outdoor recreation. There is a utility pole along the road frontage, and Trailrunner offers high speed internet, cable TV & telephone services to other nearby homes in the area. The remaining acreage consists of woodland that envelopes the field on three sides and features wetlands & a seasonal stream. The land appears to be well-traveled by wildlife with lots of deer & other wildlife signs throughout. The property is located on the corner of Sims Hill Road with frontage along both the northerly & westerly boundary. Set within a very sparsely developed area of Vermont but offering easy access to the VT-102 & NH-3 travel corridors with local amenities in Colebrook, NH just 10 minutes away. An excellent region for hunting, snowmobiling, ATVing, hiking & more. Only 25 minutes to NH’s Dixville Notch State Park!
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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 | $102,400 | $102,400 | $102,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.308% | 6.644% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $707 | $690 | $885 |
Total Monthly Payment | $782 | $765 | $960 |
* 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.