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Note Sale
#VT-775
Land | Performing | 26.8 Acres in Randolph, VT
Listing Contacts
License: NY 10311205002
Active
Asking Price: $20,448
Address
W94M+MCQ Randolph, Vermont, USA, Randolph, VT 05060
Show on MapDate Added
May 19, 2023
Days on Market
709 days
Time Since Last Update
99 days
Loan Details
Loan StatusNon-Performing
Maturity Date01/31/2028
Remaining Term2 years, 9 months
Origination UPB$26,700
Current UPB$20,448
Lien PositionFirst
Origination Date01/31/2023
P&I Payment$27,367
Next Payment Due Date07/17/2024
Current Note Rate11.00%
Note Rate TypeFixed
Prepayment Structure0%
Weighted Avg LTV64.68%
Collateral Details
Property TypeLand, Note/Loan
SubtypeZoning: RES / Residential
ZoningRES / Residential
Lot Size (acres)26.8
APN507-159-13072
OwnershipCommunity Lands
Sale ConditionFor sale by owner
Marketing Description
• 26.8 Acres in Orange county, Vermont.
• Buyer is on time with payments and has been successful in paying.
• An easement will be required for legal access.
• The terrain is wooded with transmission lines close to the property.
• The lot is zoned RES, allowing for single and two-family homes, mobile homes, home occupations, and a bed & breakfast.
• Some other uses are allowed with a site plan review or conditional use.
• The minimum lot size for single-family homes without public water and sewage systems is 5 acres and for low-volume offices and outdoor recreation is 2k sqft.
• 5-minute walk to Interstate 89 N.
• 9-minute drive to Randolph.
• 10-minute drive to Abel Mountain Campground.
• 45-minute drive to Middlebury Snowbowl.
• 50-minute drive to Stowe Mountain Resort.
Investment Highlights
• 26.8 Acres in Orange county, Vermont.
• Buyer is on time with payments and has been successful in paying.
• An easement will be required for legal access.
• The terrain is wooded with transmission lines close to the property.
• The lot is zoned RES, allowing for single and two-family homes, mobile homes, home occupations, and a bed & breakfast.
• Some other uses are allowed with a site plan review or conditional use.
• The minimum lot size for single-family homes without public water and sewage systems is 5 acres and for low-volume offices and outdoor recreation is 2k sqft.
• 5-minute walk to Interstate 89 N.
• 9-minute drive to Randolph.
• 10-minute drive to Abel Mountain Campground.
• 45-minute drive to Middlebury Snowbowl.
• 50-minute drive to Stowe Mountain Resort.
Valuation Calculator
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Property History
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Due Diligence
Listing Contacts
- License: NY 10311205002
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