1322 Vt Route 5A, Westmore, VT, 05860 | $975,000

Searching for a family compound or investment property with a solid rental history in the picturesque town of Westmore, Vermont? Afer 11 years, the current owners are ready to move on to their next chapter, and Perkins Hilltop Cottages, a long-time staple in the community, is ready to welcome new owners. The property includes the main house, three seasonal cottages, and a fourth cottage that can be used year round. The house features a sunporch/rental office, spacious living room with a glass-front propane stove, country kitchen with pine cabinets, dining room, and main floor primary bedroom with an en suite ¾ bath. Upstairs you’ll find 2 bedrooms, an office/craft room with built-in storage, and a full bath. Each of the cottages offers 2 bedrooms and combined kitchenette, dining, living spaces, with a full kitchen in the year-round cottage. The 1. 47-acre lot offers views of Lake Willoughby and lawn space that is ideal for guests or family and friends to get outside for games or relax around a campfire. The owners have enjoyed many years of returning guests and do have a customer list to pass on. Property also includes a detached garage and a former sugarhouse. All of this is located less than a mile from North Beach and ¼ mile from the public boat launch.

Features

  • Rooms: 10
  • Bedrooms: 3
  • Baths: 1 full / 1 three-quarter
  • Style: Cape,Cottage/Camp
  • Year Built: 1900
  • Garage: 2-car Garage
  • Heating: Gas Heater
  • Cooling: None
  • Basement: Concrete Floor,Crawl Space,Partial,Stairs - Interior,Stairs - Basement
  • Approx Sq. Feet: 1,858
  • Acreage: 1.47
  • Est. Taxes: $7,272
  • Lot Desc: Country Setting,Level,Open,Recreational,Rental Complex
  • Elem. School: Irasburg Village School
  • High School: Lake Region Union High Sch
  • School District: Lake Region UHSD 24
  • MLS#: 5012646
  • Website: https://www.raveis.com
    /prop/5012646/1322vtroute5a_westmore_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 9/18/2024
Listing courtesy of Century 21 Farm & Forest/Burke   Phone: 802-626-4222
Listing Agent: Andrea Kupetz

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NMLS Mortgage Loan Originator ID 793093

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1322 Vt Route 5A, Westmore, VT, 05860

$975,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $780,000 $780,000 $780,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment $606 $606 $606
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,187 $4,614 $6,425
Total Monthly Payment $4,885 $5,312 $7,123

* 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.