Tucked back from Fuller Road in the town of Newbury, Vermont, this Contemporary dwelling offers comfortable, modern living on the first and second floor, with potential for an ADU or in-law suite in the basement living space with private access or potential for finishing the basement completely. The large, open yard greets you and offers potential for gardens (especially with the southern exposure) or recreational space. A detached garage structure with an exercise room above makes use of what could be "blank" space, and multiple parking options on either side of the home provide access through the basement or directly into the first floor. The home expands upon entry, showing its post-and-beam construction and prominent timber frames immediately. The kitchen's bar/counter provides a comfortable location for guests to sit while meals are prepared, or gravitate towards the living space and its gas stove, or the deck for refreshing breeze and seasonal views. The upper level of the home offers a loft-style living space, the primary bedroom has an ensuite full bathroom with a jacuzzi tub, and a walk-in closet. Natural sunlight abundantly enters the home, brightening the multiple living spaces throughout the dwelling. Fuller Road offers connection to every direction of commuter roads in the region, being only a short distance from Routes 25 and 302 (east/west), Routes 5 and 10, and I91 (north/south). Newbury, Vermont proves to be known as a "quintessential" Vermont town.
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$435,000
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 | $348,000 | $348,000 | $348,000 |
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 | $516 | $516 | $516 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,315 | $2,313 | $2,984 |
Total Monthly Payment | $2,906 | $2,904 | $3,575 |
* 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.