NEW Built in 2000, this Cape style home has gone through major updates in the last 4 years and is ready to move-in. Exterior updates include a new breezeway, new siding and energy shield wall insulation, new architectural shingles, new exterior doors, lighting, and wrap around deck. Entryway can be used as a large mudroom or office combo. Kitchen has new LG appliances in 2020, quartz countertop and fixtures. Just freshly built in June, the upstairs level which is spray foam insulated has addition of 2 bedrooms each with its own bathroom. Every room has new vinyl plank flooring or carpet. See attached List for all enhancements. The walkout basement walls are spray foam insulated, new LG washer and dryer in 2020, new hot water heater in 2023 and new well pump in 2023, and the double door allows easy access for storing bicycles, motorcycles, snowmobiles, kayaks and anything else you want to keep warm and dry. A 25ft x 28ft heated garage with 700sqft of storage space above is plumbed with electricity. 44 acres of rolling meadow along the Winooski River allow for walking trails and gardening opportunities, and all on freshly paved Route 2. Property was not damaged by any of the flooding that has occurred in 2011, 2023 or this year. 20 minutes to Montpelier and Barre or 20 minutes to St. Johnsbury.
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Our Executive Mortgage Banker:
Our Insurance Division:
$610,000
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 | $488,000 | $488,000 | $488,000 |
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 | $423 | $423 | $423 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,165 | $3,125 | $4,052 |
Total Monthly Payment | $3,680 | $3,640 | $4,567 |
* 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.