High on a hill, this magnificent 5BR 4BA renovated beauty has long range views to all three Mad River Valley ski areas from Lincoln Peak to Mad River Glen. Atop wonderful Fayston Farms with a level paved driveway and a detached garage to potentially finish the 2nd floor into an office or apartment for even bigger gatherings, capacity defined. Revel in the expansive light filled great room from sunrise to sunset. Shooting stars, fireflies, comets and satellites across the massive night sky. Cathedral ceiling, elegant renovated kitchen, open living room with an attached family/entertainment room. Bathrooms, great room floor and luxurious metal stair railing all upgraded. Enjoy the huge south west facing deck to take stock of this incredible two acre lot including an old tennis court below to bring back to life once you've resurfaced and installed new net posts and a net. Pickle ball anyone? Quiet without the sound of busy road noise yet just twelve minutes to the lifts, exalt from on high. Just north west of Bragg Hill, A prime location with most of the heavy lifting done. Enjoy immediately without a major renovation expense or an extended construction phase after closing. Bring skis, snowboards, rackets, family and friends to show off this magical Vermont paradise. Showings begin Monday, June 24th.
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Our Executive Mortgage Banker:
Our Insurance Division:
$898,800
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 | $719,040 | $719,040 | $719,040 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | $646 | $646 | $646 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,253 | $4,545 | $6,165 |
Total Monthly Payment | $4,991 | $5,283 | $6,903 |
* 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.