Perhaps the Stowe areas most unique property. Located in Morristown, just north of the Stowe town line, exists one of the most unique properties in all of New England. This rustic sanctuary located on 12 private acres, boasts of 4 individual log cabins that create a truly Vermont experience. Each individual cabin has its own personality, ranging from 2 1 bedroom with a loft to 2 cabins with 2 bedrooms each. Each cabin pays special attention to country living and is designed to give renters the full Vermont experience. All cabins include gas heat and hot water, as well as wood stoves. Also, updated kitchens as well as washer and dryer. Lastly, as you are enjoying the solitude of this remarkable experience, each cabin is equipped with wifi to keep you connected to the real world "if necessary". In addition to the 4 log cabins, the property consists of a 500 sq ft. tiny home (no utilities at this point) a 2-car garage, 2 barns, 2 chicken coops, 4 woodsheds 1 trash shed (Bears not included) 1 wood fired sauna in the woods. This property is completely private, yet it is minutes to Stowe Village and all the area amenities including skiing, swimming, hiking and biking. Whether you are looking for a family compound or an investment property which could include 4 rental units, wedding destination or retreats (yoga or corporate, etc) this property has endless potential. This property is Airbnb Grandfathered. Please no drive-bys. Refer to documents included for additional information
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William Raveis Mortgage, LLC
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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 | $1,597,600 | $1,597,600 | $1,597,600 |
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 | $1,335 | $1,335 | $1,335 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,323 | $10,098 | $13,481 |
Total Monthly Payment | $10,782 | $11,557 | $14,940 |
* 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.