Introducing Adden Mountain Forest, approximately 1, 689 acres of timberland investment located in the picturesque Connecticut River Valley of northeastern Vermont. Adden Mountain Forest offers an attractive timber investment with a broad spectrum of timber, carbon, recreation and conservation values. A fully monumented August-2024 timber inventory finds 5. 23 MBF sawtimber and 16. 9± cords pulpwood averaging approximately 27. 4 gross cords per forested acre, demonstrating a well-stocked resource heavy to sugar maple, yellow birch and spruce/fir species. Situated in Guildhall, Vermont, the property is composed of two adjoining parcels surrounding Adden Mountain: (i) the 1, 341-acre± Adden Mountain parcel, and (ii) the 348-acre± Taylor Lot. The Adden Mountain portion is benefitted by a forest legacy easement that encourages ongoing forest management, timber harvesting, maple sugaring and recreational uses while limiting development. An existing camp on Adden Mountain can be used for recreational purposes. The Taylor Lot is uneased and benefits from recent access improvements leading to an open clearing with southwesterly views across the Catbow Brook valley to Adden Mountain. The property is enrolled in Vermont’s Use Value Appraisal tax program, achieving a meaningful tax reduction. Lancaster, NH ~15 minutes. Saint Johnsbury, VT ~45 minutes. Boston, MA ~3 hours.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,650,000
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 | $1,320,000 | $1,320,000 | $1,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,495 | $8,235 | $11,050 |
Total Monthly Payment | $7,620 | $8,360 | $11,175 |
* 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.