46 & 58 Riverview Street, Ferrisburgh, VT, 05491 | $899,000

Experience the best of waterfront living with this exceptional property nestled on the banks of Otter Creek with direct access to Lake Champlain. This unique property boasts not just one, but two charming homes, offering a rare opportunity to live in one while capitalizing on rental income from the other. The main home features breathtaking views of the creek and the surrounding natural landscape. Open concept living spaces offer a comfortable and inviting living environment. Outside, the private deck and patio are perfect for enjoying the tranquil waterfront setting or entertaining guests. Adjacent to the main residence, the second home presents a fantastic opportunity for generating rental income or accommodating guests. This standalone property offers privacy and independence, complete with its own living spaces, kitchen, and bedroom. Whether leased out seasonally or on a long-term basis, this second home presents a versatile opportunity to offset ownership costs or simply share the beauty of the location with others. The property's direct access to Lake Champlain opens up a world of recreational possibilities, from boating and water sports to fishing. Located approximately 15ft. above the serene Otter Creek, providing an idyllic backdrop for kayaking, birdwatching, or simply unwinding by the water's edge. This unique two home property is the epitome of peaceful waterfront living, and is even further enhanced by the alluring potential for rental income.

Features

  • Bedrooms: 2
  • Baths: 2 full
  • Units: 2
  • Style: Ranch
  • Year Built: 2021
  • Garage: 2-car Garage
  • Heating: Electric,Heat Pump
  • Cooling: Mini Split
  • Approx Sq. Feet: 1,848
  • Acreage: 0.5
  • Est. Taxes: $5,323
  • Lot Desc: Country Setting,Waterfront,Near Golf Course
  • Water Front: Yes
  • MLS#: 4979684
  • Website: https://www.raveis.com
    /prop/4979684/46and58riverviewstreet_ferrisburgh_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 11/24/2024
Listing courtesy of Coldwell Banker Hickok and Boardman   Phone: 802-863-1500
Listing Agent: Kieran Donnelly

William Raveis Family of Services

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888.699.8876

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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
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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
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46 & 58 Riverview Street, Ferrisburgh, VT, 05491

$899,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $719,200 $719,200 $719,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $444 $444 $444
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,084 $4,487 $6,021
Total Monthly Payment $4,620 $5,023 $6,557

* 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.