0 Town Farm Road, Norwich, VT, 05055 | $648,000

Wonderful 80+/- acre Norwich parcel of land located just off the end of a town-maintained road. Excellent spot to possibly build a home or for hunters and wildlife enthusiast to enjoy ultimate privacy. Perfect setting for a recreational get-away or hunting camp. A very private spot to build a single-family home. The property has a possible shared drive-in place from the main road for one access point of the land. The possibility exists for beautiful local views with some clearing. Wooded areas include Northern Hardwoods, Mixed Softwoods, Hemlock-Pine and many other species which may be able to be harvested for income. There are also many white tail deer, game birds and lots of other wildlife big and small that roam this expansive parcel and are amazing sights to see when you are able to catch a glimpse! A wonderful place to build your new home or cabin and spend time with family and friends away from the hustle and bustle of the city. A terrific place to enjoy some hiking, biking, skiing, hunting, fishing and all that Vermont has to offer! Situated only minutes from Downtown Hanover, The Norwich Green, Dan & Whit's, King Arthur Flour, I89 and I91. A very short commute to Dartmouth College, DHMC, VA. Hospital, Centerra Park, Lebanon Airport, restaurants, shopping, Theater and all that the Upper Valley has to offer! (This 80 +/- acre parcel being sold is only a portion of parcel ID #11-077 of the Norwich Land Records. Only this section of the parcel ID is being sold. )

Features

  • Zoning: RR
  • Lot Desc: Country Setting,Rolling,Timber,Wooded
  • Elem. School: Marion Cross Elementary School
  • Middle School: Francis C Richmond Middle Sch
  • High School: Hanover High School
  • School District: Dresden
  • MLS#: 4963733
  • Website: https://www.raveis.com
    /prop/4963733/0townfarmroad_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 11/5/2024
Listing courtesy of The Clerkin Agency, P.C.   Phone: 802-295-1355
Listing Agent: Alex DeFelice

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NMLS Mortgage Loan Originator ID 793093

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Brian.Skelly@raveis.com

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0 Town Farm Road, Norwich, VT, 05055

$648,000

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 $518,400 $518,400 $518,400
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 7.563% 7.159% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,449 $3,445 $4,372
Total Monthly Payment $3,541 $3,537 $4,464

* 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.