Overlooking the Mad River Valley & surrounding mountains, this 1-acre Farmhouse is waiting for someone to fulfill its destiny. Current owners are mid renovation & have set the next owner up for success in finishing the project. Enter through a covered side entry to the kitchen mid-remodel. Ceiling beams have been enhanced for structural integrity & the remainder is ready to finish. Kitchen opens to the dining room with hardwood floors, surrounding light, & views. Dining room opens to the front foyer & an L-shaped living room with wood accent wall & basement access. The renovated 1st-floor full bath is located off the kitchen. Stairs to the 2nd level are also off the kitchen. Primary suite is mid-remodel & features an en suite bath, 2 large closets, & views of Sugarbush. The 2nd bedroom is currently set up as an office, with ample closet space & more natural light. The 3rd bedroom has been stripped with intent to convert it to include a hallway to a planned addition. Basement has a laundry room with storage space & lockable utility area. The attic has been refinished & provides so much extra storage room. The yard currently houses chickens & goats & features a gorgeous downhill view to the Mad River Valley, side view to Sugarbush, full surrounding cedar post fence, ~5 gal/min natural spring, substantial pear tree, rose bush, & more than enough parking. Share the owner's dream or make it your own! Showings begin Saturday February 24.
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Our Executive Mortgage Banker:
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$389,900
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 | $311,920 | $311,920 | $311,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | $261 | $261 | $261 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,023 | $1,997 | $2,590 |
Total Monthly Payment | $2,359 | $2,333 | $2,926 |
* 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.