New construction in a spectacular location with high end features throughout! This 3 bedroom, 2. 5 bath build package spread out over 2, 000+ sqft of living space boasts an open concept floorplan with 9 ft first floor ceilings and your choice of hardwood or similar flooring throughout the main living areas. A spacious kitchen with modern finishes and a center island, perfect for the culinary enthusiast and entertainer alike, opens up to the dining room and sun filled living area. Meanwhile a 12 x 12 back deck and covered front porch wrapped in composite decking with faux stone pillars provides even more space to spread out. Downstairs, the walkout basement, with direct access to the attached 2 car garage, will be studded and spray foamed while the bonus room above the garage affords additional ready to finish space. . . both allowing for future expansion of up to nearly 3, 500 sqft, perfect for family room, entertainment area or home office! Relax at the end of the day with south westerly facing views and sunsets in the backyard while still being protected by surrounding woodlands flush with VT wildlife. Privately situated at the back of the neighborhood and surrounded by all the beauty and recreation the Champlain Islands have to offer while still being conveniently located in South hero just 15 minutes to the interstate and surrounding commutes this location is hard to beat! Come see for yourself and get your future home build started today! *Home is to be built*
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Our Executive Mortgage Banker:
Our Insurance Division:
$679,000
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 | $543,200 | $543,200 | $543,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,614 | $3,610 | $4,658 |
Total Monthly Payment | $3,706 | $3,702 | $4,750 |
* 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.