If you are looking for a place to escape and entertain, what better place than the gorgeous North Beach of Lake Willoughby in Westmore VT. The cottage is appropriately named "Grand View" due to the stunning views of the Lake and the Willoughby Gap. This seasonal cottage maintains its original interior charm with exposed wood walls and ceilings but it has been upgraded with some new windows, a new roof, new wiring, a new kitchen, new appliances, a new bathroom, a new deck, a lovely shed and a new driveway. The front room is an open kitchen / living / dining room all with views. There are two large bedrooms with cathedral ceilings and the 3/4 bath is in the rear. Water is supplied by a shared seasonal spring and the septic is a shared septic. The lot is just under an acre. It offers a great front yard for games and gardens while the back yard is wooded. Across the road is the wonderful, large and sandy beach offering great access to the lake without waterfront taxes. To the west is the town maintained parking lot including basketball courts. VAST Trail is next door. Here is your chance to enjoy Lake Willoughby, fabulous hiking in the Willoughby State Forest and Mountain Biking at Kingdom Trails in Burke.
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Our Executive Mortgage Banker:
Our Insurance Division:
$359,900
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 | $287,920 | $287,920 | $287,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.470% | 6.161% | 5.248% |
Monthly Tax Payment | $202 | $202 | $202 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,749 | $1,724 | $2,275 |
Total Monthly Payment | $2,026 | $2,001 | $2,552 |
* 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.