26 Marble Hill Road, Fayston, VT, 05363 | $174,400

Preposterous, entirely. 5 minutes to Mount Ellen, 6 to the single chair. With a 4BR town health permitted mound system, history as a duplex with the basement apartment listed on the lister card diagram, this one is a very beauiful roughian. You'll replace the roof, gut and completely renovate from the studs, and turn this into something gorgeous. Until now filled with decades of a gradually abandoned junk and basement level water intrusion, the seller has had nearly all of it cleared and removed so at least you can hit the ground running. Bring sledge hammer and sawzall, excavator too for perimeter drainage to help prevent further basement water intrusion, bring vision. All this, with what look like fairly decent bones, for an astounding $174, 400. Flip? House hack? Bring your thick skin and your skins for mountain: create your ultimate Mad River Valley ski chalet while enjoying the ski season. No this is not a double wide or a trailer. No, not a fleeting dream you're having only to wake up longing. As if in the Wizard of Oz, you can change these black and white pictures into living colror. Cash and carry, it's all about the ARV, all about future yield for the risk taking adventurist. Shake that piggy bank baby.

Features

  • Rooms: 6
  • Bedrooms: 4
  • Baths: 2 full / 1 three-quarter / 1 half
  • Style: Duplex
  • Year Built: 1969
  • Garage: 1-car Garage
  • Heating: Baseboard,Hot Water,Stove - Wood
  • Cooling: None
  • Basement: Exterior Access
  • Approx Sq. Feet: 2,599
  • Acreage: 0.25
  • Est. Taxes: $6,828
  • Lot Desc: Corner
  • Elem. School: Fayston Elementary School
  • Middle School: Choice
  • High School: Choice
  • School District: Washington West
  • MLS#: 5023045
  • Website: https://www.raveis.com
    /prop/5023045/26marblehillroad_fayston_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 12/26/2024
Listing courtesy of Maple Sweet Real Estate   Phone: 802-793-1515
Listing Agent: Clayton-Paul Cormier

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NMLS Mortgage Loan Originator ID 793093

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26 Marble Hill Road, Fayston, VT, 05363

$174,400

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 $139,520 $139,520 $139,520
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $569 $569 $569
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $964 $940 $1,187
Total Monthly Payment $1,608 $1,584 $1,831

* 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.