Soaring Pines Retreat, surrounded by the pure beauty of the Vermont countryside. Loaded with character, the home starts with a large entry/sitting area that leads into the dining room, both boasting cathedral ceilings. Newer appliances, including a 6-burner double-oven gas range, complement the slate blue cabinets in the galley kitchen. A gas fireplace is featured in the living room, which offers access to the large screened porch, front porch & back deck. The main bedroom, with double closets, a full bath & pantry/laundry room wrap up the main level. At the top of the stairs is a den or office space, currently set up as a bedroom. To one side is a gracious bedroom with a private balcony, on the other side is a ¾ bath and a loft bedroom. The 2-story outbuilding with oversized double doors on each end will contain all of your toys, tools, & equipment on the main level. The top floor, equipped with a kitchenette and ¾ bath, could serve as a rustic apartment, Airbnb, workshop, studio, game room, etc. All this is set on 10 acres with a private pond & field. The land also has frontage on Buck Hill that has been engineered & permitted for a 3-bedroom home or cabin on each of the 2 Buck Hill lots. All this is located 12 miles from Jay Peak, 17 miles from Newport, & 26 miles from Morrisville. Furnishings available but not included. Seller is willing to consider covering buyer closing costs (rate buy down, transfer tax, etc).
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Our Executive Mortgage Banker:
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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 | $479,920 | $479,920 | $479,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $517 | $517 | $517 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,233 | $3,190 | $4,047 |
Total Monthly Payment | $3,842 | $3,799 | $4,656 |
* 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.