WEST RUTLAND: Very well kept village home has numerous upgrades including a remodeled kitchen with an island, open concept, hardwood floors, upgraded electrical and vinyl siding. In-law apartment upstairs with separate electric and shared heat, along with upper deck. Upstairs tenants have new 5-year lease, for $1, 400/month. Tenants in main house are month-to-month and pay $1, 800/month. Tenants share washer & dryer in heated garage. Attached 2-car garage has sheet-rock and is heated, plus additional carport. Recent upgrades include: Upstairs apt: new dishwasher, outside vented hood fan, new split level heat pump with air conditioner. Main house: New paint, refinished wood floors, new kitchen stove, new pressure regulator, new oil tank, new garage door opener unit. Nice level lot has 2 apple trees, 2 dwarf cherry trees, concord grape vines, enclosed vegetable garden and rhubard plants. Desireable residential area, close to schools, shopping, and restaurants. Also, close to ski areas, Rutland, Vermont State University and Lake Bomoseen. This special property won't last long!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $242,400 | $242,400 | $242,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $355 | $355 | $355 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,572 | $1,552 | $2,013 |
Total Monthly Payment | $2,002 | $1,982 | $2,443 |
* 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.