Looking for your own back forty? This wooded 45+/- acre property in Berlin, VT offers a charming off-grid cabin, excellent recreation opportunities and borders State Forest land! Enjoy easy access off a year-round, town maintained and plowed road to a great existing gravel trail up to a level camp site. The small camp is insulated, has two lofts, receives lots of natural light and has proven itself as a great hunting camp or recreational base camp. It’s generator power ready and has several propane heaters and a woodstove. The land continues to climb up away from the camp where a large level plateau offers an excellent hunting area with long sight longs. Seasonal ridgeline and mountain views can be found from the same location and can likely improve with some clearing. Mountain bikers, cross-country skiers, and hunters alike will love the adjacent Boyer State Forest – 354+/- acres of recreation with a great trail network that also connects to the Berlin Town Forest and Berlin Pond-Paine Mountain area. Power and utilities like high-speed cable internet run along the road frontage. The camp does not have indoor plumbing and currently utilizes an outhouse. No soil tests have been conducted for wastewater system feasibility. The property is not enrolled in the Current Use program but is likely eligible. Enjoy convenient proximity to I-89, shopping, employment, and amenities in Montpelier, Barre and greater central VT.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $172,000 | $172,000 | $172,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,159 | $1,143 | $1,451 |
Total Monthly Payment | $1,234 | $1,218 | $1,526 |
* 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.