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This wonderful Vermont Retreat is move-in ready for a new group of outdoor lovers to discover the ease and joy of having your own getaway in the NEK. Or use as rental units as it is permitted as a campground. With this property you get two 320-sq-ft log cabins that come with all appliances, including stackable washer/dryer. Each cabin has a bedroom on the first floor, a loft area for additional bedroom space, covered porch, and they come fully furnished. They’re built for year-round use, so you’ll have a home base for ALL of your adventures, whether you hike, bike, ski, snowmobile, hunt, fish, or want to spend time on or in the water. The 9-acre property also includes 4 RV sites, all with water and electric, one with its own septic system, and the remaining sites are permitted for a pump station septic systems. A 3-minute drive finds you at Willoughby Lake’s North Beach, while Kingdom Trails and Burke Mountain are just a few miles up the road. Jay Peak is 31 miles away, and there are three golf courses within a 5-mile radius. Come see it now and you could be making s’mores around a campfire after a late summer day on the trail. Permitted as a campground
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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 | $271,200 | $271,200 | $271,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.154% | 6.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,714 | $1,802 | $2,287 |
Total Monthly Payment | $1,789 | $1,877 | $2,362 |
* 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.