Presented byBarbara Fitzgerald |
Let your inner farmer roam free with this agricultural property with gorgeous views of the surrounding mountains in Vermont’s Northeast Kingdom just 15 minutes from Jay Peak Resort. Set on a sprawling 70-acre expanse of level, open land, this property is a canvas for your dreams of a serene rural lifestyle. At the heart of it all is the 2-story brick main house. Built in 1920, it offers 2, 900 square feet of living space that includes a spacious eat-in kitchen, living room, 5 bedrooms, and covered front porch. While the house is showing its age, it. provides the perfect opportunity for you to infuse your personal style while restoring it back to its former glory. The allure of this property extends beyond the main house. A 114-cow tie-stall barn is ready to welcome cows and includes a 1, 200-gallon bulk tank, plus a 3, 000-gallon bulk tank that just needs to be hooked up. If dairy farming isn’t part of your dream, the barn would work well for other types of livestock. As a bonus, there’s also a 2-bedroom, 2-bath, 1, 024-square-foot mobile home that could house employees or be used as a guest or rental space. The land is in the Current Use program, and part of the Vermont Land Trust. If you’re captivated by the beauty of the past and excited by the potential of the future, this property invites you to make your mark and create your own legacy amidst the gently rolling green fields.
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
William Raveis Real Estate
Phone: 413.565.2111
Barbara.Fitzgerald@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.604.0905
JohnCarlos.Machado@raveis.com
NMLS Mortgage Loan Originator ID 2064879
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,178 | $2,151 | $2,737 |
Total Monthly Payment | $2,253 | $2,226 | $2,812 |
* 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.