Thornhill East Farm is nestled in the beautiful countryside of the Northeast Kingdom of Vermont in Greensboro. This organically certified working farm spans 144 +/- acres with the Edson Brook serving as the unofficial property line south of Garvin Hill Road for a distance. Excellent soils have been producing grain on Thornhill East Farm since the early 2000’s and it currently supplies a distillery and local bakeries. A newer 2-bedroom, energy efficient Cape-style residence was constructed in 2016 and includes a walk-out basement and attached 2-car garage. As a testament to its agribusiness capabilities, Thornhill East Farm includes 4 usable barns, equipment and grain storage buildings and run-in sheds, fenced pastures, and managed forestland. It is subject to a Vermont Land Trust conservation easement, OPAV, and is enrolled in the Current Use program for tax abatement. 10 acres including the farm buildings are subdividable from the farm, and not subject to any covenants at that time. Showings to begin 5/4.
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Our Executive Mortgage Banker:
Our Insurance Division:
$645,000
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 | $516,000 | $516,000 | $516,000 |
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 | $3,433 | $3,430 | $4,352 |
Total Monthly Payment | $3,525 | $3,522 | $4,444 |
* 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.