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3604 VT Route 111, Morgan, VT, 05853-9739 | $1,600,000
This 601-Acre Organic Dairy Farm is available with no-quota milk contract at a great co-op. Property contains 501A Main Farm plus additional 51. 31A & 49. 29A. The dairy complex offers 270 free stalls, double-8 quick release milking parlor, liquid manure pit, bunker silo with commodity shed, sawdust shed, concrete area for ag bags or round bale storage, high tensile fencing. Just added are new bulk tank and new barnyard. Main Farmhouse has 4 bedrooms, 2 baths, all appliances & attached 2-car garage. There is ranch home (not currently habitable) along with a mobile home. Total property consists of approximately 160 acres tillage with balance being pasture & woods. Land is in Vermont Current Use and Vermont Land Trust. Enjoy great views of Seymour Lake along with frontage along paved state highway. There is also 10' path right-of-way to Seymour Lake. There is also approximately 150 acres of tillable land available to lease. Can also purchase just the main dairy farm on 500A at $1. 2M.
Features
- Rooms: 7
- Bedrooms: 4
- Baths: 1 full / 1 half
- Style: Farmhouse
- Year Built: 1962
- Garage: 2-car Garage
- Heating: Oil,Hot Water
- Cooling: None
- Basement: Full,Unfinished
- Approx Sq. Feet: 2,854
- Acreage: 601
- Est. Taxes: $5,578
- Lot Desc: Agricultural,Conserved Land,Country Setting,Farm,Farm - Dairy,Field/Pasture,Lake View,Major Road Frontage,Mountain View,Open,Trail/Near Trail,View,Wooded
- Elem. School: Derby Elementary
- Middle School: North Country Junior High
- High School: North Country Union High Sch
- School District: North Country Supervisory Union
- MLS#: 4999730
- Website: https://www.raveis.com
/eprop/4999730/3604vtroute111_morgan_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 12/22/2024Listing courtesy of Century 21 Farm & Forest Phone: 802-334-1200
Listing Agent: Daniel Maclure
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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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3604 VT Route 111, Morgan, VT, 05853-9739
$1,600,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,280,000 | $1,280,000 | $1,280,000 |
| 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 | $465 | $465 | $465 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,470 | $8,090 | $10,801 |
| Total Monthly Payment | $8,060 | $8,680 | $11,391 |
* 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