368 Buzzell Road, Newport Town, VT, 05857 | $105,000

Are you seeking an off grid property to plan a homestead on? Or for just a get away for your camper, or a hunting/fishing spot? This 8+ acre parcel has so much potential it's amazing. The current owners lived in the existing yurt for 4 years, year round, using solar panels and a generator for power, wood for heat and they raised and grew their own food right on the property. There is a permit for a 3 bedroom septic, but it's not installed. Sellers used a composting toilet and grey water collector for shower/kitchen washing. The yurt is insulated and has a large sleeping loft. There is a drilled well on site, the pump runs with generator or solar. (No solar current on site, owners moved out about a year ago. ) There are numerous outbuildings, including a workshop, 10 x 24 barn, a chicken coop, pig pen, sheep/goat shed, a large hoop frame for a greenhouse and a large garden area that was previously planted with squash, tomatoes, etc. There is a stream on the lower portion of the property with a potential pond site (you would need state approval to dig). Vast trail runs along the edge of the property, (with the owners' permission) and there is an old trail (ATV, hiking, etc. ) at the back of the property. Lovely mountain views from the top of the hill. Power is down the road about 1000'. The driveway recently had work done so it doesn't wash out. Come and take a look and put your dreams and ideas into actuality. Live in the yurt while you build your forever home!

Features

  • Rooms: 3
  • Bedrooms: 2
  • Style: Yurt
  • Year Built: 2018
  • Heating: Stove - Wood
  • Cooling: None
  • Approx Sq. Feet: 900
  • Acreage: 8.1
  • Est. Taxes: $625
  • Lot Desc: Agricultural,Country Setting,Farm,Farm - Horse/Animal,Field/Pasture,Hilly,Mountain View,Open,Pond Site,Recreational,Rolling,Stream,Trail/Near Trail,Wetlands
  • Elem. School: Newport Center Elementary
  • Middle School: North Country Junior High
  • High School: North Country Union High Sch
  • School District: North Country Supervisory Union
  • MLS#: 5002451
  • Website: https://www.raveis.com
    /prop/5002451/368buzzellroad_newporttown_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.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 7/7/2024
Listing courtesy of Jim Campbell Real Estate   Phone: 802-334-3400
Listing Agent: Kerry Wevurski

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NMLS Mortgage Loan Originator ID 793093

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368 Buzzell Road, Newport Town, VT, 05857

$105,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $84,000 $84,000 $84,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.815% 7.159% 6.538%
Monthly Tax Payment $52 $52 $52
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $559 $558 $720
Total Monthly Payment $686 $685 $847

* 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.