Harkening back to Vermont's simpler times. Sturdy, modest 4 bedroom, 1 full bath on 58 acres, this one owner, family generational home is surrounded on three sides by an organic farm and hundreds of conserved acreage. The idyllic setting was once home to a 300 acre dairy farm and the family is selling this last parcel. Plenty of flat, open space and light for amazing gardening, the majority of the acreage sits behind the home in a magical, wooded forest. The house was built using wood harvested from the property, including the hardwood flooring in the living room and staircase. Modest electrical upgrades from three prong outlets to two prong outlets. A dry basement hosts a new oil tank and 2021 heating plant. Freshly painted, the home awaits your interior design talents to make it your very own. Two outbuildings served as a workshop and equipment shed. Modest revisions could accommodate some farm animals. A tranquil and pastoral setting, it is 12 mins to Montpelier, Vermont's bustling state capitol, 5 minutes to Northfield center and Norwich University, and 12 minutes to I89. Open House Sat September 14 10am-1pm. Seller reserves the right to accept an offer prior to the open house.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $689 | $689 | $689 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,656 | $2,653 | $3,367 |
Total Monthly Payment | $3,420 | $3,417 | $4,131 |
* 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.