- Maple StreetJay, VT 05859Price: $89,000

  • Price: $89,000
  • Est. Mortgage of $/month
  • 51 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $89,000List Price
  • 58.95Acreage
  • 2,567,862Square Feet
This nearly 60 acre parcel in Jay Vermont abuts 311 acres owned by the State of Vermont to the North and 1025 acres to the west owned by the Green Mountain Club which includes the Long Trail. Stevens Mill Road and Maple St are privately maintained roads (not town maintained). While this lot is remote, the eastern boarder is the power line so power is accessible. VAST trail is nearby. The lot is mainly Northern Hardwoods and includes a nice leased sugar bush. The lease agreement runs through 2025 and has a 5 year renewal option bringing it to 2030 and the sale is subject to this lease. This lease provides an income of $1/tap per year so for someone looking for a long term land holding or a recreational parcel this could enhance the value. There are 1550 taps currently with a potential for another 1000. The lot is surveyed and is located about 8 miles from Jay Peak Resort.
Listed by Nicholas Maclure of Derby Office
Broker Reciprocity

Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 July 6, 2022.

 

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