"Making a house yours sometimes means building upon all that came before. ” No home embodies this more than this 6-acre homestead featuring an 1840s Greek Revival Farmhouse and the oldest Red Oak in town. A vast agricultural landscape borders the property to the west, sloping towards the Black River valley’s x-country ski trails, offering sunset views of Craftsbury Common and the Green Mountains beyond. The current owner, like those before, organically farmed here and also established a "Writer's Retreat" in the attached studio apartment, which is suitable for a vacation rental, home office, massage business, art studio… and is equipped with a kitchenette, romantic gas fireplace, and 3/4 bath. Additional improvements make this historic gem the warm and inspiring home that it is today. The current owner installed a standing seam metal roof, spray foam insulation, and energy star windows and appliances in addition to using non-toxic interior paints and cleaning products. They also brought in power and water to the barn where they raised calves, sheep, chickens, as well as planting plums, raspberries, rhubarb and asparagus to supplement the property’s numerous apple trees. Conveniently located 4 minutes from Craftsbury Village, and 10 minutes from the Craftsbury Outdoor Center, this home is located amid arguably one of the most beautiful and inspiring places on earth.
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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 | $380,000 | $380,000 | $380,000 |
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 | $375 | $375 | $375 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,496 | $3,205 |
Total Monthly Payment | $2,978 | $2,946 | $3,655 |
* 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.