2616 Shadow Lake Road, Glover, VT, 05839 | $625,000

Here it is, your NEK dream farm! This gem boasts over 150 acres of woods and 35+ acres of open pasture/agricultural land. The home was purchased in the 1980s and fully renovated by the current owner. This oasis has been a working farm for nearly 50 years! Recently the 60 x 36' barn, with 20 stanchions, was equipped with gutter cleaner running the full length of the 1st floor of the barn and emptying into the brand new 49 x 41' super structure with a slab. There's a 3-bay equipment shed just behind the house, an old sugarhouse in the woods, several other smaller outbuildings scattered throughout the property, and an old hunting shack and another 3-bay equipment shed in the southernmost back pasture. The is also an unlanded mobile home and separate drilled well and septic on the opposite side of the road from the main house (See MLS listing 5015370). The farm was most recently a functioning cattle farm but would make a great goat, maple, or equestrian farm. The farm has a conservation easement with the Vermont Land Trust and needs to be sold to a qualified farmer or a buyer willing to work with the VLT to approve a farming/land use plan. OPEN HOUSE Sunday 9/29/2024, 1: 00-4: 00pm.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Style: Farmhouse
  • Year Built: 1900
  • Heating: Wood,Furnace - Wood
  • Cooling: None
  • Basement: Concrete,Stairs - Exterior,Stairs - Interior
  • Approx Sq. Feet: 1,373
  • Acreage: 196
  • Lot Desc: Agricultural,Conserved Land,Corner,Country Setting,Farm,Farm - Dairy,Farm - Horse/Animal,Field/Pasture,Lake View,Mountain View,Open,Pond,Pond Site,Secluded,Stream,Timber,Wooded
  • MLS#: 5015283
  • Website: https://www.raveis.com
    /prop/5015283/2616shadowlakeroad_glover_vt?source=qrflyer
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Listing courtesy of Vermont Real Estate Company   Phone: 802-540-8300
Listing Agent: Tyler Buswell

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NMLS Mortgage Loan Originator ID 793093

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2616 Shadow Lake Road, Glover, VT, 05839

$625,000

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 $500,000 $500,000 $500,000
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 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,327 $3,323 $4,287
Total Monthly Payment $3,419 $3,415 $4,379

* 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.