Unlock the potential of this affordable Victorian-style home in the heart of Waterbury Village, Vermont. Nestled on a cozy 0. 24-acre lot, this historic property is priced to attract budget-conscious buyers eager for a rewarding renovation project. Here's your chance to embrace a piece of history at a fraction of the usual cost. Step inside to discover rooms brimming with transformation possibilities, each exuding character and timeless elegance. While it awaits your personal touch, the home's inherent charm shines brightly, offering a canvas for your restoration dreams. Located in a welcoming neighborhood, you'll enjoy the warmth of a tight-knit community with easy access to local delights. Stroll to nearby eateries, quaint bars, and unique shops, or relax in the serene parks. With convenient routes to Vermont's sought-after spots like Stowe and Burlington, adventure is never far. Seize this rare opportunity to create your dream home, infusing your style into a piece of Waterbury Village's storied past. This is ideal for those who see beauty in potential and value in history.
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Our Executive Mortgage Banker:
Our Insurance Division:
$375,000
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 | $300,000 | $300,000 | $300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $469 | $469 | $469 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,996 | $1,971 | $2,530 |
Total Monthly Payment | $2,540 | $2,515 | $3,074 |
* 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.