Motivated sellers offer an amazing opportunity to own 68+/- acres in the heart of Vermont! Molly's brook forms a natural boundary on the right side of the land, with Molly's Pond being directly across the street, this land has deeded right of way to the pond, fantastic access for fishing! A 2024 Yurt was constructed on the property with stunning mountain and pond views! The four season yurt with a 65, 000 BTU VT Bun Baker XL also features six cords of wood ready to be utilized! Dozens of Vermont heritage apple trees on site, many varieties! There is a 3 bedroom WW permit, new driveway, power at site and a drilled well(with an impressive 100 gal per minute!), making this lot ready to build your dream home! Close by amenities are Joe's Pond, Molly's Falls, Burtts Orchard and many other amazing adventurous opportunities, including hiking trails & snowmobile trails! 560 feet of road frontage and wonderful mixed timber sit on this land. Do you dream of building and living on site while you construct? Here is your opportunity! There is a large clearing that was once pastured with rich soil for your gardens. The land backs up to Urban Farm Way and may be possible to gain an easement to have access from opposite sides of the land. The views and privacy will ensure you fall in love with this lovely property! There is so much here to offer, while you are looking at building or investing, this is one that you’ll surely want to keep on your real estate list! A piece of Vermont serenity!
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Our Executive Mortgage Banker:
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$299,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,591 | $1,590 | $2,017 |
Total Monthly Payment | $1,666 | $1,665 | $2,092 |
* 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.