701 Turnpike Road, Norwich, VT, 05055 | $1,275,000

Discover The Norwich Farm, a 6-acre property featuring multiple barns built in the late 1990s, designed to support dairy and breeding operations. An additional renovated antique barn enhances the character and functionality of the property, offering various opportunities for ventures and recreational activities. At the center of the farm is a thoughtfully renovated antique farmhouse. This inviting home includes a large country kitchen, a cozy family room, and a spacious living room filled with natural light from surrounding windows. With three generously sized bedrooms, the farmhouse combines rustic charm with modern comforts, making it ideal for those seeking a peaceful retreat. The property also includes a mobile home, providing flexible living options for guests, family, or rental opportunities. Surrounded by conservation land and scenic trails, The Norwich Farm offers direct access to outdoor activities such as hiking and biking, making it a great choice for nature enthusiasts. This property presents a unique opportunity for anyone looking to enjoy rural living with plenty of potential.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 three-quarter
  • Style: Antique,Cape
  • Year Built: 1998
  • Garage: 2-car Garage
  • Heating: Propane,Baseboard
  • Cooling: None
  • Basement: Crawl Space
  • Approx Sq. Feet: 2,573
  • Acreage: 6.3
  • Est. Taxes: $34,027
  • Lot Desc: Country Setting,Farm,Level,Stream,Trail/Near Trail,Walking Trails,Abuts Conservation,Near Paths,Near Skiing,Rural,Valley
  • Elem. School: Marion Cross Elementary School
  • Middle School: Francis C Richmond Middle Sch
  • High School: Hanover High School
  • School District: Dresden
  • MLS#: 5016276
  • Website: https://www.raveis.com
    /eprop/5016276/701turnpikeroad_norwich_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/21/2024
Listing courtesy of Four Seasons Sotheby's Int'l Realty   Phone: 603-643-6070
Listing Agent: Susan Zak

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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Our Insurance Division:

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701 Turnpike Road, Norwich, VT, 05055

$1,275,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,020,000 $1,020,000 $1,020,000
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 $2,836 $2,836 $2,836
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,952 $6,447 $8,607
Total Monthly Payment $8,913 $9,408 $11,568

* 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.