4376 VT-22A, Bridport, VT, 05734 | $272,000

A wonderful mixture of agricultural fields and majestic woods on this 34+/- acre lot located in the small farming community of Bridport, VT. Stunning views across Lake Champlain to the towering Adirondack Mountains in NY, Addison County Vermont is a highly sought-after area. Easy commute to Middlebury VT. 22A is a paved state maintained two lane road, no mud, dirt and dust here! Tri-town municipal water on-site and fiber internet at road, power is on a pedestal on the lot. Imagine your home set back just inside the woods with a simple view corridor cut the northwest to take advantage of the view, while providing wonderful privacy. 10+/- acres of Ag fields have been hayed regularly and offer the new owner the opportunity for a small vegetable/animal farm with room for a farmstand. The stream on the property is seasonal. The Bridport Central School is just a ½ mile north with a great playground. The town has a great Hardware/Everything store and a nice fresh market with a gas station. Your commute will be through the scenic Champlain Valley, corn and hayfields, dairy barns, and the Adirondacks to the west and Green Mountains to the east. The property leases 1. 5 acres to a solar array and this pays $2300 a year, covering over half of your property taxes. The array powers the local Woodchuck Cider brewery. Further tax reduction is available through placing the land in the timber/Ag tax program know locally as Vermont Current Use. A fantastic place to call home.

Features

  • Zoning: R-2 & RA-5
  • Frontage: 507
  • Lot Desc: Near Country Club,Rural,Agricultural,Country Setting,Field/Pasture,Level,Major Road Frontage,Mountain View,Open,Recreational,View,Wooded
  • Elem. School: Bridport Central School
  • Middle School: Middlebury Union Middle #3
  • High School: Middlebury Senior UHSD #3
  • School District: Addison Central
  • MLS#: 5047696
  • Website: https://www.raveis.com
    /prop/5047696/4376vt22a_bridport_vt?source=qrflyer
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Listing courtesy of Preferred Properties   Phone: 802-862-9106
Listing Agent: Curtis Trousdale

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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4376 VT-22A, Bridport, VT, 05734

$272,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $217,600 $217,600 $217,600
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.209% 6.178% 5.541%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,236 $1,305 $1,749
Total Monthly Payment $1,311 $1,380 $1,824

* 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.