Here is a rare opportunity to own 117 acres of pure Vermont located in the heart of East Warren consisting of 3 large open meadows, productive forest land, streams, beaver ponds, multiple trail networks and unbelievable views in every direction. The entire 117-acre parcel is enrolled in both the Vermont Current Use Program and the Vermont Land Trust, with the ability to subdivide an area out of the land trust for development, not to exceed 5 acres in total, to develop your residential buildings and other non-residential structures. Preliminary soils tests have been performed with possible future house sites, inside the development zone, near the top of the parcel with access from the Plunkton Road across the highest meadow. Imagine being able to choose your building envelope then site and design your home on a parcel surrounded on all four sides by protected lands. Design your home to co-exist with productive agriculture sites, woodland, and wildlife habitats, which can include non-commercial recreational opportunities. This property abuts a neighboring parcel of 130 acres of conserved land and is located on the 4-mile Senor Road loop just down the road from Blueberry Lake. The location is close to the Warren Store and the East Warren Market, as well as being minutes from our three ski areas and Blueberry Lake. Click on the unbranded tour to view drone video of the property. Imagine the possibilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$995,000
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 | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,645 | $5,031 | $6,717 |
Total Monthly Payment | $4,737 | $5,123 | $6,809 |
* 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.