Is the water calling you? Welcome to 1499 Sand Road, Ferrisburgh, Vermont where you will enjoy 240 feet of Otter Creek frontage and access to Lake Champlain from your backyard! This open concept ranch with four bedrooms and three baths feels extra spacious with vaulted ceilings and finished walkout basement. Enjoy the river view from one of the decks during nice weather, or from the large windows while feeling cozy next to the new pellet stove insert in a beautiful hearth. Three of the four bedrooms have an attached bathroom, one with a jetted tub, which makes this home perfect for hosting guests. The finished basement has a huge bonus room and an unfinished area currently being used as a home gym. A brand new 5-foot livestock fence has been installed to ensure your favorite animals safety outdoors. This fence is horse safe and perfect for large dogs. Two cattle gates are installed for convenience. A two-car garage is close to the home with a side door for easy access. The dock provides easy access to the river. Vergennes is close by and has much to offer as the smallest city in the USA! Restaurants, shopping, farmers markets, and the Vergennes Opera House within 3 miles. Burlington International Airport is a 45 minute drive. Come take a look!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$559,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $447,200 | $447,200 | $447,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.243% | 7.282% | 6.518% |
Monthly Tax Payment | $578 | $578 | $578 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,975 | $3,013 | $3,834 |
Total Monthly Payment | $3,645 | $3,683 | $4,504 |
* 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.