0 Center Pond Road, Newark, VT, 05871 | $85,000

Magical property in a wooded wonderland with stream, waterfall, and small pond! Possible western mountain views with some cutting. This 20. 3 acre property is easily subdividable back to the original 10. 2 and 10. 1 acre lots. Build on one lot and keep the other as an investment. Electric at the road is a huge bonus. Lots of beauty with the meandering Sleeper Brook that runs through the property with it's small cascading waterfall and a wide variety of plants, berries, mushrooms, and flowers - a true nature lover's paradise! Located in the heart of the Northeast Kingdom, this property offers all of the peace and tranquility one can imagine. Wildlife galore in moose and bear country! Center Pond and it's boat launch are just 1. 5 miles down the road. The Kingdom Trails, Burke Ski Area, golfing, and several ponds and lakes are all within very close proximity including the majestic Lake Willoughby and Island Pond as well as nearby access to the VAST snowmobile trail network. There is so much to do within thirty minutes - this is the ultimate nature lover's paradise!

Features

  • Zoning: No zoning in Newark
  • Frontage: 390
  • Lot Desc: Country Setting,Pond,Stream,View,Waterfall,Wooded
  • Elem. School: Newark Street School
  • Middle School: Newark Street School
  • High School: Choice
  • School District: Caledonia North
  • MLS#: 5007949
  • Website: https://www.raveis.com
    /prop/5007949/0centerpondroad_newark_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 9/21/2024
Listing courtesy of Great American Dream Realty   Phone: 802-777-2345
Listing Agent: Lisa Friedman

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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0 Center Pond Road, Newark, VT, 05871

$85,000

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 $68,000 $68,000 $68,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $413 $413 $537
Total Monthly Payment $488 $488 $612

* 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.