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High atop Jerusalem Hill, just south of the quintessential Vermont town of Rochester you will find a homestead that simply must be experienced in person - the photos will do no justice to the subject. The property is incredibly versatile, having multiple potential build sites, all with the ability to remain private from one another. There is a large, open meadow that the residence currently occupies, as well as plenty of healthy, forested land with interesting topography, babbling brooks, ponds and varied perspectives. The sellers are offering to sell the entire ~44. 5 acres, or if preferred, a smaller parcel with 8 private acres separated off to the north (See MLS #5042045). This off grid, post and beam classic sits facing epic views of the Green Mountain National Forest and is accompanied by a generator/storage building, horse stable, and a sizable timber frame barn for your tractor and implements. Last, but not least - an adorable log cabin occupies a promontory in the forest between two babbling brooks. Perfect for a staycation or visitors. Town maintained road and fiber optic available right at the end of the driveway! Leave plenty of time and wear sensible shoes to walk the woods roads to get a good sense of the land. Roughly equidistant to Killington and Sugarbush and within reach of Okemo ski resorts. Unparalleled outdoor recreation opportunities right out the front door. See Ridgeline Outdoor Collective's website to learn more.
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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 | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 7.166% | 6.268% |
Monthly Tax Payment | $454 | $454 | $454 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,202 | $3,323 | $4,217 |
Total Monthly Payment | $3,748 | $3,869 | $4,763 |
* 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.