Cobble Hill Farm is located in the picturesque Mountain towns at the end of a serene gravel road. It offers a haven of privacy and tranquility, making it an extraordinary setting for building a home. With panoramic views of Glebe Mountain and encompassing 149 acres, the landscape is a tapestry of open meadows, crisscrossed by ancient stone walls, a spring-fed pond, and a network of winding trails meandering through the woods. Apple trees dot the lower meadows. The existing 19th century Noah’s Ark style house has been prepared to be taken down, making way for a fresh start. Extensive clearing of the land has been done to reclaim the gently rolling meadows and open up the view, enhancing the property's natural beauty. Architectural and landscaping plans have been designed to take advantage of the Southern light and bucolic vistas. High-speed internet, a well-maintained road, a drilled well, and utilities are already in place. The property, bordering conserved land, is ideally suited for cross-country skiing, snow-shoeing, hiking, mountain biking, and agricultural endeavors. For outdoor enthusiasts, the property’s trails connect to Viking Nordic Center’s 32-kilometer network. Additionally, Lowell Lake is within walking distance, a pristine spot for swimming and picnics and for listening to the beautiful call of loons. Despite its privacy, Cobble Hill Farm is conveniently located providing access to a diverse array of amenities and activities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,756 | $6,227 | $8,363 |
Total Monthly Payment | $5,881 | $6,352 | $8,488 |
* 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.