Amazing opportunity to own a major parcel of land! Offering two lots, with a ROW between, this 194. 63+/- acre parcel boasts 9000+ maple sugar taps. STUNNING mountain views of Mount Mansfield, the highest mountain in Vermont, can be found upon the ridge on this property. Nestled at the dead end of a private road, you will find complete privacy, lots of hardwood (Maple) for your sugar making dreams! The land has been utilized for a maple sugar business in recent years, the woods being logged in 2015 to thin out for new growth. Do you want an investor? The seller is offering $22, 500 yr (with a lease) to continue access to the maples. The acreage north of Route 15 is not included in this sale, however, the seller may negotiate access if a purchaser decides to use the land for sugaring. The Lamoille River runs along the woods edge. The land is in UVA and has a forest management plan. There are so many opportunities here, own your own maple sugar outfit, build your dream property, investment possibilities, endless opportunities! This is a rare find to own and operate on large acreage that is currently a functioning business with proven results for maple syrup, Vermonts own 'liquid gold'. VAST and the Vermont Rail Trail on the northern side of the property! A true must see, the land feels so serene and beautiful, along with wildlife habitat!
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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 | $780,000 | $780,000 | $780,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,552 | $4,930 | $6,582 |
Total Monthly Payment | $4,644 | $5,022 | $6,674 |
* 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.