608 Route 7, Danby, VT, 05739 | $575,000

Opportunity and wildlife abound here! School choice town, no zoning, great road frontage for your business and a wildlife habitat all in one 36 acre package. Whether its your self or your guests, you will enjoy hiking, kayaking and wildlife viewing on this nature’s paradise. 2, 449’ on the usually smooth-flowing Otter Creek where ‘Trophy Trout’ fly fishing is abundant. The creek supports brown and rainbow trout, frogs, American toads, songbirds, ducks, deer, black bear all enjoy this beautiful habitat. The property is contiguous with the Otter Creek Wildlife Management Area (WMA), a 1, 139-acre tract that is owned by the State of Vermont and managed by the Vermont Fish & Wildlife Department. There are cleared meadows with wire fencing set up previously for livestock on most of the 36. 10 level acres and ample room for barns/outbuildings. Open concept kitchen, dining and living room, expansive deck with views of the Green Mountains. The main floor has beautiful hardwood flooring and includes a bonus room currently used as a 3rd bedroom. There are 3 fullbaths-one on each level, 2 large primary bedrooms- each with 2 closets. On the first level is a 560sf 1BDRM/1BA apartment. Central laundry room, utilities, storage & garage space. Income producing property. New roof 2021, V-Tel internet, conveniently located 15 minutes to Manchester or Rutland restaurants, hospitals, and shopping. 25 minutes to Bromley Mountain, 45 to Stratton Mountain skiing.

Features

  • Rooms: 12
  • Bedrooms: 3
  • Baths: 3 full
  • Style: Colonial,Contemporary,Multi-Level,Tri-Level,Walkout Lower Level
  • Year Built: 2009
  • Garage: 1-car Garage
  • Heating: Baseboard
  • Cooling: None
  • Basement: Apartments,Concrete,Concrete Floor,Daylight,Partially Finished,Slab,Storage Space,Walkout,Interior Access,Exterior Access
  • Approx Sq. Feet: 2,478
  • Acreage: 36.1
  • Est. Taxes: $7,483
  • Lot Desc: Country Setting,Field/Pasture,Level,Major Road Frontage,Mountain View,Open,View,Water View,Waterfront,Wetlands
  • Water Front: Yes
  • Elem. School: Currier Memorial School
  • High School: Choice
  • MLS#: 4988488
  • Website: https://www.raveis.com
    /prop/4988488/608route7_danby_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/9/2024
Listing courtesy of Four Seasons Sotheby's Int'l Realty   Phone: 802-774-7007
Listing Agent: Susan Bishop

William Raveis Family of Services

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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  • Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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608 Route 7, Danby, VT, 05739

$575,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

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 $460,000 $460,000 $460,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.282% 6.623%
Monthly Tax Payment $624 $624 $624
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,138 $3,099 $3,976
Total Monthly Payment $3,854 $3,815 $4,692

* 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.