Craftsman created post and beam cabin awaits its new owners! Tranquility abounds in this part of the woods. The Cabin sits proudly at 1, 900 +- feet elevation on 9. 9 +- acres. This portion of Butternut Mountain is locally known as Black Ridge in Johnson, VT. From the deck watch the Stowe Mount Mansfield Gondola cars slide into their hut, with proper vision aids of course! In winter XC or backcountry ski the woods or the trail for a bit in the morning and then have a picnic on the southwest facing deck. Warm up in the fully insulated cabin by the Hearthstone wood stove which was built just a few miles away. From the deck view the evening twinkling lights, lands and nature below. Bring family and friends to watch nature after a nice dip in a brook or a hike on the Long Trail. In summer cool down with the fresh Vermont mountain breeze. Bring in some Vermont made cheese, chocolate, wine, brew and syrup, the kitchen offers propane lights, cookstove, and fridge too! Small solar panel and deep cycle battery allow for charging electronics. This primitive cabin was erected in 2006 by hauling each board & peg up the mountain by the owner and crew. Seasonal spring allows for some water on site. You will hike/bike/4 wheel/ snowmobile/ snowshoe or walk about one mile plus from the roadway to this treasure. Vermont's Long Trail State forest is close by. The parcel is surrounded by a large sugar bush. If peace and privacy is your wish, you just found it!
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William Raveis Real Estate
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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 | $268,000 | $268,000 | $268,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $185 | $185 | $185 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,851 | $1,781 | $2,260 |
Total Monthly Payment | $2,110 | $2,040 | $2,519 |
* 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.