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- Beck Pond Road, Newark, VT, 05871 | $599,900
Over 400 acres of undeveloped land in the Northeast Kingdom of Vermont. Whether you are looking for a getaway, an off-grid homestead, or a long term timber / land investment, this parcel is well worth consideration. The property is accessed via a right-of-way off from Beck Pond Road, and it offers a nice woods road through the parcel with trails off from it. The 400 acres is made up of 3 separate parcels. A rustic cabin provides a place to camp out while overlooking a lower meadow. The cabin will need restoration work or to be taken down and replaced. The land offers views and lots of wildlife. There is a seasonal spring next to the cabin that at times produces an abundance of water that flows into a pond. In dryer seasons the flow will cease but it is possible that it could be dug deeper to sustain water throughout the seasons. The diverse forest includes hard and softwood stands as well as mature woods and sections of young growth. A Forestry Plan is on file for those interested in learning more about the forest. The VAST Snowmobile trail crosses the property by owners' permission creating direct trail access. This parcel is about 14 miles to East Burke, which is home of Burke Mountain and Kingdom Trails, and about 18 miles to Westmore, which is home of Lake Willoughby and the Willoughby State Forest.
Features
- Zoning: Newark
- Frontage: 0
- Lot Desc: Country Setting,Mountain View,Recreational,Secluded,Timber,View,Walking Trails,Waterfront,Wooded
- Water Front: Yes
- Elem. School: Newark Street School
- Middle School: Newark Street School
- High School: Choice
- School District: Caledonia North
- MLS#: 5001433
- Website: https://www.raveis.com
/prop/5001433/beckpondroad_newark_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 11/5/2024Listing courtesy of Century 21 Farm & Forest Phone: 802-334-1200
Listing Agent: Nicholas Maclure
William Raveis Family of Services
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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
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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- Beck Pond Road, Newark, VT, 05871
$599,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $479,920 | $479,920 | $479,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,193 | $3,190 | $4,047 |
| Total Monthly Payment | $3,285 | $3,282 | $4,139 |
* 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