Build your dream home on the shores of Lake Champlain. Rare, once in a lifetime opportunity to enjoy this beautiful, private, western-facing 3. 75+ acre building lot with over 325 feet of pristine lakefront and shoreline. New natural path to the lakeshore, winding private driveway to the house site, town water and electricity hookup on site. Shared 3 BR mound system in place. This property is ready to go. Perfect location in the Champlain Valley to enjoy all of Vermont's beauty, recreation, culture, long range views and much more. You are within a half hour to the prestigious Middlebury College, only twenty minutes to The Basin Harbor Club and Resort! There you can enjoy the public golf course and the Red Mill Restaurant. You can even land your private plane at their facility. Put your boat in at the Bridge Marina located next to the New York Bridge only 5 minutes away. During the snow season you are within 40 minutes of a downhill and/or cross-country ski area. What a wonderful place to build your home and begin making new memories with family and friends on the shore of beautiful Lake Champlain.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
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 | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.140% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,199 | $4,199 | $5,351 |
Total Monthly Payment | $4,291 | $4,291 | $5,443 |
* 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.