Conveniently located just 1. 7 miles from downtown Poultney, this home has a lot of charm. Beautiful woodwork with wood flooring, natural trim, and original kitchen cabinetry. Extra large master bedroom runs the whole length of the second floor. One full bath with a tub and a second bath with a shower. Two large storage rooms. Just 5 miles to Lake St. Catherine and 8 miles to Lake Bomoseen for boating in Vermont and 37 miles to Lake George, New York. Easy access to international airport in Albany. Property was recently subdivided. Records show . 43 acres. It is now . 2 acre. Property was purchased at auction in September 2024 and is being 'flipped' by the new owners. There is no lease but current tenants would like to stay at a rate of $1, 000 per month rent.
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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 | $119,920 | $119,920 | $119,920 |
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 | $172 | $172 | $172 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $798 | $788 | $1,011 |
Total Monthly Payment | $1,045 | $1,035 | $1,258 |
* 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.