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A well known property, MapleCrest Farm, tucked into rolling hills and surrounded by mature trees, this 6-bedroom, 2-bath home offers a rare combination of charm, opportunity, and income potential. While the house needs some love, its bones and location make it a compelling project for the right buyer, the property's solar income stream sets it apart from anything else on the market. Currently, a local maple producer leases space for a vacuum station, and utilizes approximately 100 taps of the owners trees. The producer would love to continue this arrangement, and is open to discussion. The possibility also exists for purchaser to start their own operation with potential for 400 to 500 taps available on the property. All you can eat maple syrup can be yours! Trails wind through the property, perfect for hiking, snowmobiling, or simply enjoying the scenery. A solar farm lease currently operates on the property. The lease has roughly 12 years remaining, after which, there's a strong opportunity to renegotiate a new contract and increased monthly payments, which is an amazing long-term asset for an investment minded buyer. The home is already set up to function as two apartments (main floor and upstairs), with the layout allowing for a possible third unit, ideal for multi-generational living, rental income, or an owner-occupied duplex/triplex setup. The additional outbuildings & storage include a 2-car garage, one multi bay building with a truck carport at 16' x 27', woodshed/equipment bay at 20' x 27', and a side unit at 9' x 20', which has been used for firewood and furnace storage. This is a property for the buyer who wants more than just a house, such as a working landscape with future income, flexible living arrangements, and room to make it their own. Act fast as this property won't last long.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $480,000 | $480,000 | $480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $756 | $756 | $756 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,875 | $3,031 | $3,986 |
| Total Monthly Payment | $3,723 | $3,879 | $4,834 |
* 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.