Extremely well constructed Cape style home, built in 2005 and featuring 2, 339 sq. ft of finished area that consists of 3 bedrooms & 2. 5 baths. Situated on 58 acres, in a private wooded setting w/ numerous trails throughout the land and only a 5 mile drive to downtown Newport, NC Hospital, Lake Memphremagog & Derby amenities. Quiet country setting, yet located just off from a paved road w/ access to high speed Xfinity cable/internet. Enjoy the convenience of single story living w/ a spacious & open floor plan that consists of a chef inspired kitchen w/ granite counters, living area w/ cathedral ceilings & a grand stone fireplace, formal dining rm, foyer, a primary suite on the South side and two additional bedrooms on the North side. The primary bedroom offers a vaulted ceiling and an en-suite w/ a tiled shower, soaking tub, double vanity and walk-in closet. Additional finished living area in the 2nd floor bonus room and the unfinished lower level offers so much potential to be finished. There is also a 2-car attached garage, greenhouse, chicken coop & a lean-to for storage or animal shelter. Affordable property to maintain w/ owned solar panels that result in min. electric bills and the land is enrolled in the VT Current Use program to help reduce the real estate taxes each year. Recreational enthusiasts will enjoy Derby Town Forest & the Brownington Pond fishing access across the road and access to both the VASA (ATV) trail system at the rd. & VAST (snowmobile) trail nearby.
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Our Executive Mortgage Banker:
Our Insurance Division:
$719,000
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 | $575,200 | $575,200 | $575,200 |
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 | $748 | $748 | $748 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,827 | $3,875 | $4,932 |
Total Monthly Payment | $4,667 | $4,715 | $5,772 |
* 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.