Historic Family Estate. A unique and versatile opportunity is ready for you to call home! This classic landmark boasts three residences, large barn, gazebo and fenced-in garden. Perfect for a four-season family retreat or a full-time residence. The grand main building circa 1848 formerly the private estate of Martin Chester Deming famous railroad magnate, politican and businessman from the industrial era of wealth and accomplishment. Representative Deming would invite the NYC, Boston and local socialites to elaborate parties. The charm of the era is still alive in the home today. His personal tavern, the Deming Tavern has just been renovated. Real Vermont marble throughout the estate marks the quality of yesteryear. The marble steps up to the parsonage offer the perfect guesthouse for all your friends and family. And the carriage house could be a wonderful studio or office space with additional rooms. Original exposed beams, wood & gas fireplaces, grand staircase together with 30 rooms, 17 bedrooms, 19 baths on 3. 76 aces. The famous Battenkill River is just down the street renown for world-famous fly fishing. Next to the river, you will discover a delightful 9-hole golf course, river trails, tennis courts, and ice skating rink. All these incredible opportunities are right here waiting for you in the historic village of Arlington. Don't miss this opportunity to own a slice of Vermont. Upgrades include 4 updated bathrooms, 5 new baths, fiber optics and new landscaping.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,975,000
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 | $1,580,000 | $1,580,000 | $1,580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $2,362 | $2,362 | $2,362 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,971 | $9,857 | $13,226 |
Total Monthly Payment | $11,458 | $12,344 | $15,713 |
* 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.