Unique VT Estate with 2 homes on Expansive 240-Acre Property - This remarkable property has been in the same family for over 100 years and boasts not just one, but two large farmhouses, perfect for multi-generational living. The main home is a beautifully preserved 1865 farm house, featuring 6 spacious BR’s and 3 BA’s. Meticulously maintained throughout the years, this timeless residence including a detached 2-car garage with a workshop, as well as a 24'x46' metal equipment storage building and a 12'x18' sugarhouse. The second home, currently a rental, offers 3 BR’s, 1BA, and an attached 1-car garage. Whether you envision it as an income-generating opportunity or a private retreat for guests, the possibilities are endless. The majority of the property is a lush, mostly wooded lot, presenting a remarkable investment opportunity with considerable standing timber value. Moreover, the estate boasts an impressive 850+/- tap maple sugar bush, offering a unique chance to tap into the lucrative maple syrup industry. Nature enthusiasts will be captivated by the large beaver pond gracing the east side of Young Road, providing a serene backdrop for relaxation and exploration. On the west side of Young Road, the property includes approximately 100+/- feet of frontage on Fortier Pond, further enhancing the allure of this exceptional estate. Seize this once-in-a-lifetime chance to own a truly special piece of Vermont and schedule a showing today.
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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 | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.869% | 6.735% | 6.409% |
Monthly Tax Payment | $784 | $784 | $784 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,072 | $4,349 | $5,824 |
Total Monthly Payment | $4,948 | $5,225 | $6,700 |
* 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.