A 160-acre dairy farm, featuring approximately 110 acres of river bottom land, includes a 4-bedroom, 2-bath house spanning 2050 sq. ft. , renovated a decade ago. The house boasts additional unfinished space above the garage. The farm infrastructure comprises a 260' by 60' free-stall barn with a double-10 milking parlor constructed in 2020, alongside three more free-stall barns and an open feeding area on concrete. The property, formerly supporting a herd of 450, also offers a commodity shed, a substantial gravity manure pit, and a large feed bunk. In addition to the river bottom land, there are 50 acres of pasture and associated structures. The residence, situated on 3. 5 acres across the road, stands independently. A small lot adjacent to the barn side, equipped with water, septic, electricity, and an older mobile unit, is also included. The owner is open to selling the land, buildings, and house separately, with the land sale taking precedence. The property encompassed within the Vermont Land Trust totals 150 acres.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | $375 | $375 | $375 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,098 | $7,585 | $10,289 |
Total Monthly Payment | $7,598 | $8,085 | $10,789 |
* 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.