Located in the iconic Vermont village of North Ferrisburgh Hollow, this beautiful vintage Italianate Victorian is bursting with character and craftsmanship! The current owners purchased the property over 20 years ago and embarked on a remarkable renovation, taking the structure to bare stud walls and installing all new systems, wiring, insulation, sheetrock, paint, windows, doors, and roof in the main house and the 2005 ell. The result is a vintage home built to 21st century specifications, offering efficiency and modern conveniences. The Hollow is a vibrant multi-generational neighborhood with an array of nearby recreational opportunities including Mt. Philo, Button Bay and Kingsland Bay State Parks, as well as a town beach and access to Lake Champlain for fishing, boating, and swimming. In winter, take your pick from skiing Mad River Glen, Sugarbush, Stowe, or Bolton Valley to the east, Middlebury Snow Bowl or Killington to the south. The rich cultural and dining scenes of Vergennes, Middlebury, or Burlington is just a short ride away. Set on 1. 33 acres and graced by mature trees and a lovely stone patio, this exquisite home is a true find that can't be duplicated.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,087,400
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $869,920 | $869,920 | $869,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | $701 | $701 | $701 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,871 | $5,356 | $7,224 |
Total Monthly Payment | $5,697 | $6,182 | $8,050 |
* 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.