Wonderful one-story home on 0. 33 acres located in the desirable Memphremagog Views neighborhood of Newport City. Enter through the mudroom with a convenient washer and dryer location. The open kitchen/living area features plenty of room to entertain your guests. For a more formal setting, you will find a separate dining room with sliding doors to access another large living area with plenty of natural light. Two bedrooms and a full bathroom are next door as well as the primary bedroom which has vaulted ceilings and a spacious bathroom with a soaking tub, 3/4 shower, and plenty of vanity space to get ready in the mornings. Serviced by oil hot air and/ or a pellet stove, and public water and sewer. One car attached garage. Enjoy the peace and quiet of being up on the hill but also the close proximity to downtown Newport for shopping, dining, schools, churches, the hospital and country club, and of course the stunning international Lake Memphremagog. High speed internet available and only 20 minutes to Jay Peak Ski Resort.
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Our Executive Mortgage Banker:
Our Insurance Division:
$240,000
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 | $192,000 | $192,000 | $192,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $421 | $421 | $421 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,294 | $1,276 | $1,619 |
Total Monthly Payment | $1,790 | $1,772 | $2,115 |
* 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.