Two homes on over 31 acres near Echo & Seymour Lake! Let's start with the new home offering a private living room with stunning views from Bald Mtn to the South and sunset views over Jay Peak to the West. Head upstairs where you will find 2 bedrooms, 2 bathrooms and a central kitchen / dining space. This building is complete with a screened-in porch, heated 2-car garage and 2 large lean-tos. Next door is a 1-bedroom home with a lovely kitchen, 2 bathrooms, napping loft and huge open space with tall ceilings, which is currently set up as a gym and 3 treatment rooms. These spaces offer a lot of flexibility and could be used as shop space, great room, game room, art studio, yoga studio, etc. This property offers solar power with a battery bank and a backup generator. This lot includes 27. 2 Acres, of which is about 60% open with the balance wooded. All located about 20-25 minutes to Derby / Newport and is also not far from Burke Mountain, Kingdom Trails (Mountain Biking), Jay Peak, and some amazing local hikes, snowshoe trails, VAST trails and Nordic ski trails.
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Our Executive Mortgage Banker:
Our Insurance Division:
$985,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $788,000 | $788,000 | $788,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $610 | $610 | $610 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,661 | $5,046 | $6,703 |
Total Monthly Payment | $5,363 | $5,748 | $7,405 |
* 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.