Charming Riverfront Farmhouse in the Hills of Vermont Discover your slice of paradise with this enchanting riverfront farmhouse nestled in the rolling hills of Vermont. Perfectly positioned for both serene living and productive farming, this property offers the ideal blend of natural beauty and agricultural potential. A classic on the Shrewsbury/ Wallingford line is now for sale. Check out this 1800s farmhouse on the river with an entertainment barn waiting for your vision. It is a one-story living, with a full kitchen, living room, three bedrooms, and one bathroom. It is on 11. 9 acres, and Otter Creek is right in your backyard. But don't worry—the house is not in the floodplain, and the current owners do not have to pay for ancillary flood insurance. The land has rich, loamy soil, ideal for cultivating various crops. With the river's natural irrigation, you'll have a head start on creating a flourishing farm. Embrace the Vermont lifestyle with this unique riverfront farmhouse combining rural charm and farming potential. The home retains original features that reflect its unique character and charm. From hardwood floors to vintage fixtures, these elements offer a glimpse into its past and provide opportunities for restoration and enhancement. It's rumored that Robert Frost has spent a few nights here in his day. All on modern-day fiber optic wifi. Halfway between Ludlow and Rutland.
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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 | $199,200 | $199,200 | $199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $244 | $244 | $244 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,342 | $1,324 | $1,680 |
Total Monthly Payment | $1,661 | $1,643 | $1,999 |
* 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.