48 Third Street, #1, Newport City, VT, 05855 | $169,900

Spacious and charming condo unit in beautiful downtown Newport, VT. This Unit #1 is on the first floor of a two unit condominium and offers 1, 012 sq. ft of living area that consists of 2 bedrooms, 3/4 bath, an updated kitchen, formal dining room, bright living room, laundry area, and a covered porch/balcony. Original charm & character throughout; beautiful woodwork, hardwood flooring, built-in cabinetry in the dining room, solid wood doors, etc. Numerous updates over the years include newer electrical, counters, modern bathroom with a tiled shower, vinyl siding and so much more. This unit includes two parking spots, storage space in the detached garage and a small common back lawn area. The monthly association fees estimated at $200 per month and include trash removal, building insurance, snow removal, mowing, building maintenance, etc. Each unit is responsible for their own heating expense (prior year was +/-$160/ mo. per unit), water and sewer (approx. $200/ qtr. ) and real estate taxes (projected to be approx. $150/mo. per unit). Comcast high speed internet and cable is available within this unit. All located within easy walking distance to downtown amenities, library, Lake Memphremagog, boardwalk & bike path, etc. This condo is very affordable, efficient to own & ready for immediate occupancy.

Features

  • Parking: Assigned,Driveway,Parking Spaces 2
  • Heating: Oil,Baseboard,Hot Water
  • Cooling: None
  • Amenities: Master Insurance,Common Heating/Cooling,Other,Snow Removal,Trash Removal
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 1 three-quarter
  • Complex: Fontaine Commons
  • Year Built: 1900
  • Approx Sq. Feet: 1,012
  • Acreage: 0.1
  • Lot Desc: City Lot,Landscaped,Level,In Town,Near Country Club,Near Golf Course,Near Shopping,Near Hospital
  • Elem. School: Newport City Elementary
  • Middle School: North Country Junior High
  • High School: North Country Union High Sch
  • School District: North Country Supervisory Union
  • MLS#: 5004769
  • Website: https://www.raveis.com
    /prop/5004769/48thirdstreet_newportcity_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. 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 12/26/2024
Listing courtesy of Jim Campbell Real Estate   Phone: 802-334-3400
Listing Agent: Tara Cote

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NMLS Mortgage Loan Originator ID 793093

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48 Third Street, #1, Newport City, VT, 05855

$169,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

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 $135,920 $135,920 $135,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $939 $916 $1,156
Total Monthly Payment $1,014 $991 $1,231

* 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.