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115 Kennedy Drive, Rochester, VT, 05767 | $620,000
Nason Brook Forest offers an attractive 312-acre property situated on a hillside above the Town of Rochester with a full suite of recreation, timber, and conservation values and potential for rural residential development. A well-maintained interior forest road provides excellent access as it winds its way up through the property, passing two ‘glamping’ sites owned/operated by seller, and eventually reaching a small clearing near the height of land. Secondary logging roads and trails traverse the property in further support of recreational uses. Nason Brook cuts through the central valley of the property providing an attractive water resource. The forest offers professionally managed timber with a diversity of age classes and species mix heavy to red maple, sugar maple, yellow birch, white ash, white pine, and hemlock. The property is enrolled in Vermont’s Use Value Appraisal tax program. Zoning is residential-conservation. Located proximate to Green Mountain National Forest and Riley Bostwick WMA. Nason Brook Forest offers an extremely appealing blend of woodland seclusion with all the amenities and efficiencies of an in-town location. Recent gravel improvements to access. Seller plans to retain and remove the two glamping tents prior to sale.
Features
- Zoning: Cons./Residential
- Lot Desc: Hilly,Mountain View,Recreational,Rolling,Secluded,Stream,Timber,Trail/Near Trail,View,Walking Trails,Wooded
- MLS#: 4988799
- Website: https://www.raveis.com
/prop/4988799/115kennedydrive_rochester_vt?source=qrflyer
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 5/9/2024Listing courtesy of LandVest, Inc-Burlington Phone: 802-660-2900
Listing Agent: Daniel Tesini
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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
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115 Kennedy Drive, Rochester, VT, 05767
$620,000
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 | $496,000 | $496,000 | $496,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.990% | 6.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.893% | 7.171% | 6.623% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,342 | $3,297 | $4,287 |
| Total Monthly Payment | $3,434 | $3,389 | $4,379 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484