Welcome to your future home in the heart of Vermont's picturesque landscape! This expansive 1988 Cape-style residence in Morristown offers charm, potential, and breathtaking views of the majestic Green mountains and Mount Mansfield. Conveniently located near both Morristown and Stowe, this property is perfectly positioned for ease and tranquility. The beautifully flat yard, complete with a garden area, established perennial beds, mature trees, and pond views, invites you to indulge your green thumb or simply relax. Inside, the home features a thoughtful layout with two spacious bedrooms and a full bath on the main floor. The second floor offers an additional two bedrooms and a full bath, providing ample space for family, guests, or a home office. The primary bedroom is a true retreat, complete with a deck where you can enjoy stunning pond and mountain views. While the home requires some work, it is fully permitted for a 4-bedroom residence, presenting an incredible opportunity to upgrade and personalize. Whether you envision renovating the existing structure or building your dream home from the ground up, this property offers the perfect canvas to bring your vision to life. Embrace the potential of this Morristown gem and create a sanctuary that reflects your style and aspirations. With its unbeatable location, spectacular views, and abundant possibilities, this is more than a home – it's a gateway to your ideal Vermont lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$460,000
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 | $368,000 | $368,000 | $368,000 |
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 | $624 | $624 | $624 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,387 | $2,356 | $3,056 |
Total Monthly Payment | $3,086 | $3,055 | $3,755 |
* 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.