Talk about a location! This two-story home on 1. 6 acres in Fayston, Vermont is situated on a hilltop where you can enjoy mountain views all around. Views of Mad River, Sugarbush North and South plus the Northfield Mountain Range. Only a third of a mile up Bragg Hill Road, so it is close to the village of Waitsfield where you can find all the basic shopping needs plus specialty shops, restaurants, a local brewery, and a summer farmer’s market. It’s located near Green Mountain Valley School and only minutes from the ski resorts of Mad River Glen and Sugarbush. Whether you use it as a year-round home or vacation home, the great room is the heart of it all where gatherings are warm and cozy with vaulted ceiling and a huge stone fireplace hearth with gas stove insert. There are two additional bedrooms on the basement level with full windows and views to the mountains as well. Outside, you have a two-car detached garage, horse barn and garden area all surrounded by gorgeous stone walls and steps built by the seller.
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$825,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $660,000 | $660,000 | $660,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $688 | $688 | $688 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,904 | $4,226 | $5,614 |
Total Monthly Payment | $4,684 | $5,006 | $6,394 |
* 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.