Lilly Branch Hill offers a uniquely beautiful property with a stunning mix of fields and forest, a spring-fed pond, and an attractive hillside residence with breathtaking northwesterly views of Jay Peak and the Green Mountains into Canada; all tucked away at the end of the road. The residence was built in 2003 and configured with a full suite of utilities and custom windows that bring the majestic outside beauty indoors. Views from the house are framed by approximately 34+ acres of meticulously maintained open fields and meadow. The remaining acreage offers a professionally managed forest with diverse species composition and opportunities for timber harvesting. The house was intentionally constructed and positioned to preserve future expansion opportunities if additional space is desired. An artist’s shed currently occupies a secondary site above the pond, also with exceptional views. The property is partially enrolled in Vermont’s Use Value Appraisal program with an approved forest management plan (due for April 2025 update). Access is via Joe Roberts Road from Collins Mill Road, Troy, Vermont. Jay Peak Four-Season Resort and Newport services ~20 minutes. Montreal ~2 hours. Boston ~3. 5 hours.
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
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 | $600,000 | $600,000 | $600,000 |
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 | $398 | $398 | $398 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,646 | $3,646 | $4,742 |
Total Monthly Payment | $4,136 | $4,136 | $5,232 |
* 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.