2505 East Street, New Haven, VT, 05472 | $525,000

Located in Historic New Haven Mills is this Classic 1875 VT Farmhouse with a wonderful wrap around porch! Imagine sitting on the porch with your favorite beverage admiring the many lilacs which adorn the yard. This property boasts 21 acres and a large barn(originally a bank barn) and other buildings. Beautiful views and pasture. Once a dairy farm, this Homestead could become a working farm again for Animal Husbandry or possibly Horses. There is lots of potential for this property with some creative thinking. A section of the barn has been restored 36' X 72' and a large section below is heated which includes a workshop. There is also a woodshed and outhouse. Come and see what VT living is all about!

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 1 full / 1 three-quarter
  • Style: Farmhouse
  • Year Built: 1875
  • Garage: 1-car Garage
  • Heating: Propane,Wood,Baseboard,Hot Water,Stove - Wood
  • Cooling: None
  • Basement: Bulkhead,Crawl Space,Dirt,Partial,Stairs - Exterior,Stairs - Interior,Unfinished
  • Approx Sq. Feet: 1,869
  • Acreage: 21
  • Est. Taxes: $6,374
  • Lot Desc: Agricultural,Country Setting,Farm,Farm - Dairy,Farm - Horse/Animal,Field/Pasture,Hilly,Rolling,Near Shopping,Near Skiing,Rural
  • Elem. School: Beeman Elementary School
  • Middle School: Mount Abraham Union Mid/High
  • High School: Mount Abraham UHSD 28
  • School District: Addison Central
  • MLS#: 5017681
  • Website: https://www.raveis.com
    /prop/5017681/2505eaststreet_newhaven_vt?source=qrflyer
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Listing courtesy of RE/MAX North Professionals, Middlebury   Phone: 802-388-0505
Listing Agent: Bonnie Gridley

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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Our Insurance Division:

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2505 East Street, New Haven, VT, 05472

$525,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $420,000 $420,000 $420,000
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 $531 $531 $531
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,830 $2,791 $3,542
Total Monthly Payment $3,453 $3,414 $4,165

* 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.