If any house has a million-dollar view, this one does! Stunning view transports you to another world! This beautiful cabin overlooks Howe Pond with beautiful mountains in the distance - you won't want to look away! Front deck is the perfect spot for your morning coffee while you welcome the new day! A cozy cabin up on a hill out in the Vermont woods - it doesn't get better than this! But wait - there's more! This cabin sits on on almost 37 acres of pristine forest land, which is enrolled in current use - a Vermont program that encourages forest management - reducing your taxes and allowing you to make some money on the lumber! And - there is a large additional 30 X 50 garage which can house all of your toys and equipment - trucks, farm vehicles, snow toys, 4 wheelers, etc. This property is uniquely amazing and has incredible development potential! Enjoy it as it is or build a year-round castle up at the viewpoint. The cabin is currently set up for seasonal use, but the cleared area above would accommodate a year round house with the cabin for guests or a place to stay during construction. There is also plenty of room for horses and there are trails up into the woods waiting for your exploration. If living in beautiful southern Vermont sounds good to you, set up an appointment today to come up and soak up the country vibe and the natural beauty that abounds here.
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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 | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $284 | $284 | $284 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,269 | $3,185 | $4,044 |
Total Monthly Payment | $3,645 | $3,561 | $4,420 |
* 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.