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Attention nature lovers! An enchanting setting, complete privacy, hiking trails, and waterfalls can be yours at this 96-acre parcel featuring two off-grid dwellings. Located at the end of a mile long private road less than 10 minutes from Montpelier. There are already many improvements to enjoy here. First, a 30-foot yurt outfitted with an off-grid solar system, propane powered kitchen, and Vermont Castings wood stove. It's a delightful space and enjoys an attached deck. Second, there is a new 14' x 30' custom 4-season cabin from Jamaica Cottage Shop which includes a Morso wood stove. Additionally, there is a two-car garage with tool shed that also features an outdoor shower and sink powered by a drilled well and an on-demand propane hot-water heater. The pristine forest land is highlighted by multiple brooks & streams and offers impressive long range mountain views from the top of the ridge. Property in Current Use with Forest Management Plan. Waste water design and permit in place. An amazing retreat from the hustle and bustle with the convenience of town amenities and I-89 just 10 minutes away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$625,000
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 | $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 | $357 | $357 | $357 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,202 | $3,323 | $4,217 |
Total Monthly Payment | $3,650 | $3,771 | $4,665 |
* 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.