1102 Drake Road, Castleton, VT, 05732 | $529,000

Stunning Views, Lake Bomoseen Proximity, and Versatile Living Spaces at 1102 Drake Road! This exceptional property offers breathtaking views of Birdseye Mountain, comfy living spaces, and a stellar location close to Vermont’s largest lake. The main home features 2 spacious bedrooms & a huge full bath, large kitchen with slate floors & a gorgeous island, an enclosed sunroom, & an inviting living room at the front of the house, offering lovely views of the landscaped lawn and vibrant gardens. An attached 1-bedroom, 1-bathroom in-law suite offers incredible versatility—perfect for hosting loved ones or generating rental income. Let this additional unit (a RARE find in this area) pay your mortgage for you! Step outside to enjoy the above-ground pool, ideal for summer days, or relax on the deck while taking in the peaceful surroundings. A 2-car attached garage adds convenience, while the basement includes a finished room that’s perfect for a home gym, recreation area, or creative space. Just moments from Lake Bomoseen & appx 40 minutes from world class skiing at Killington, this property provides easy access to skiing, boating, fishing, hiking, mountain biking, and more. Whether you’re searching for a primary residence with stunning views or a home with income potential, 1102 Drake Road is ready to welcome you. Schedule your private tour today and make this exceptional home yours!

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full
  • Style: Ranch
  • Year Built: 1968
  • Garage: 2-car Garage
  • Heating: Oil,Pellet Stove,Baseboard,Electric,Hot Water,Stove - Pellet,Mini Split
  • Cooling: Mini Split
  • Basement: Concrete Floor,Interior Access,No Tenant Access,Partial,Partially Finished,Storage Space
  • Approx Sq. Feet: 2,567
  • Acreage: 0.97
  • Lot Desc: Country Setting,Landscaped,Mountain View,Open,View,Near School(s)
  • MLS#: 5022939
  • Website: https://www.raveis.com
    /prop/5022939/1102drakeroad_castleton_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/22/2024
Listing courtesy of Real Broker LLC   Phone: 802-613-0729
Listing Agent: Betsy Adamovich

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1102 Drake Road, Castleton, VT, 05732

$529,000

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 $423,200 $423,200 $423,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,816 $2,813 $3,569
Total Monthly Payment $2,908 $2,905 $3,661

* 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.