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I have been asked so many times to find a small lot on a great street that abuts conservation land. HERE IT IS… This 1. 5 acre parcel known as Lot 2, abuts 25 acres of conservation land known as Journey’s End. Here is what the Vermont River Conservancy has to say about the 25 acres, “Loved by generations of local residents and visitors, when the land next to Journey’s End Swimming Hole was put up for sale, the community reached out to Vermont River Conservancy and rallied together to protect this special place. Together, we protected 25 forested acres along Foote Brook, where towering trees are home to songbirds and deer yards, and the shady canopy helps keep water cool for trout and swimmers. Instead of finding “no trespassing signs, ” visitors now enjoy permanently protected public access from Plot Road, and will forever have the chance to swim, splash, and fish along this half-mile of protected stream. The town of Johnson owns the land, and Vermont River Conservancy holds the easement, working together to make sure these 25-acres will always be in their natural condition. ” Lot 2 is not Conserved and is buildable according to the Covenants and Restrictions attached. There is an approved VT Waste Water Permit for a (3) bedroom residence. Also allowed by the current Covenants and Restrictions is the construction of a single family residence, 4-car garage, one guest house and one barn. Lot 2 has 373’ of road frontage on the paved Plot Road. Stowe 18 miles. BOS 3. 5 hrs. BTV 38 miles. Morristown (Copley) 10 miles.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $79,200 | $79,200 | $79,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.307% | 6.443% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $462 | $488 | $642 |
| Total Monthly Payment | $537 | $563 | $717 |
* 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.