0 Beaver Meadow Road, Norwich, VT, 05055 | $490,000

A rare parcel of land in the Upper Valley for sale with the potential to build your dream home. Total of 27+ acres within 3 miles of Hanover (Dartmouth College & Dartmouth Hitchcock Memorial Hospital) and less than 30 miles from ski resorts such as Mt. Sunapee, Okemo Mountain and Killington. Offering privacy to build your dream home, create mountain bike/snowmobile/hiking/snowshoe trails, hunting, all at your disposal. This property also has successful perk tests for a house site atop the hill providing amazing southwesterly views. Wasteland Permit has been obtained which runs with the land. NOTE- review Town approval in documents. Among others, Buyer would need to obtain a driveway permit and if desired, request the Town to approve a building envelope to the upper plateau. From the road, nine of the 27+ acres are open with wooded protection at the back of the property. The land is not in Current Use. This location is within minutes to downtown Norwich and Hanover- an epicenter of top quality restaurants, shopping and theater. Approximately a 1 1/2 hour drive to Burlington, VT, or 2 hrs to Boston, MA or CT. Property is listed by Bukk Carleton, Broker, who is the donor of the Trust owning this property.

Features

  • Zoning: Residential
  • Frontage: 336
  • Lot Desc: Rural,Country Setting,Field/Pasture,Mountain View,Open,Sloping,View,Wooded
  • Elem. School: Marion Cross Elementary School
  • High School: Hanover High School
  • School District: Norwich School District
  • MLS#: 4837138
  • Website: https://www.raveis.com
    /prop/4837138/0beavermeadowroad_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 11/24/2024
Listing courtesy of Northeast Commercial Realty   Phone: 603-298-9999
Listing Agent: Bukk Carleton

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NMLS Mortgage Loan Originator ID 793093

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0 Beaver Meadow Road, Norwich, VT, 05055

$490,000

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 $392,000 $392,000 $392,000
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 $75 $75 $75
Initial Principal & Interest Pmt $2,608 $2,605 $3,361
Total Monthly Payment $2,683 $2,680 $3,436

* 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.