184 Schoolhouse Road, #Lot #2, Jamaica, VT, 05343 | $210,000

Jamaica, Vermont’s hidden gem! Experience this wonderful 30. 1+/- acre forested parcel with views of the local mountains. The land gently slopes to the southeast, perfect for solar, but better yet, utility lines are located along much of the frontage! Bounded on two sides by classic stone walls, there is a woods road that travels through the property making exploration easy. Jamaica has NO local zoning, simplifying development, multiple cabins, camping & more. Those looking for a tiny home or glamping opportunity, this may be it - no zoning allows up to 5 units before state subdivision or Act 250 rules kick in. Schoolhouse Rd is a Class IV road, but the neighbors are year-round residents & work together to plow & maintain the road. S. Hill Road that connects to Schoolhouse Rd is paved all the way to Wardsboro eliminating the difficulties of VT Mud Season. Internet is available at the Southeast corner of the lot. The forest mixed hardwoods, Maple, Red Oak, Popular & nicely open. The lower sections where the stream goes through features majestic pines with some cedar. Multiple potential building spots allowing you to be close to the road or hidden in the interior. No septic soil testing completed, but the state soils database shows that it should be conducive for private septic systems. Plenty of wildlife on the property. Easy access to Stratton, Bromley, & Mt. Snow ski resorts. There is an additional 10. 2+/- acres available, see MLS# 5028721

Features

  • Zoning: None
  • Frontage: 1339
  • Lot Desc: Rural,Corner,Country Setting,Major Road Frontage,Recreational,Secluded,Stream,Trail/Near Trail,Wetlands,Wooded
  • Elem. School: Jamaica Village School
  • Middle School: Leland Gray Union Middle/High
  • High School: Leland Gray
  • School District: Windham Central
  • MLS#: 5035357
  • Website: https://www.raveis.com
    /prop/5035357/184schoolhouseroad_jamaica_vt?source=qrflyer
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Listing courtesy of Preferred Properties   Phone: 802-862-9106
Listing Agent: Curtis Trousdale

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NMLS Mortgage Loan Originator ID 793093

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184 Schoolhouse Road, #Lot #2, Jamaica, VT, 05343

$210,000

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 $168,000 $168,000 $168,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.063% 6.152%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,062 $1,104 $1,406
Total Monthly Payment $1,137 $1,179 $1,481

* 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.