Outstanding views of Lake Memphremagog, this sprawling single-level brick home in the Strawberry Acres neighborhood is primed for new owners. The open floor plan in the main living area features a lovely kitchen with oak cabinets, granite counters, and an island directly across from the dining area and adjacent to a cozy seating area overlooking the lake. It gets even better as you walk into the 23x26’ great room with 2 walls of nearly floor-to-ceiling windows for a wonderful sunroom-like feel as you look out over the spacious backyard. A total of 3 bedrooms and 2 baths complete this level. The partially finished lower level includes a laundry room, a large open area suitable for many uses, a separate room with a closet, and the utility room. The attached 4-car garage has overhead doors on both ends, plus storage on the upper level, and if that isn’t enough, you’ll love the state-of-the-art detached 40x60’ heated garage with room to store RVs, boats, and equipment, plus there’s a great workshop space. A shed and lean-to provide additional storage. All of this is set on 2. 4 acres with mature apple trees and plenty of room for gardening, playing, and entertaining. Access the lake via the Whipple Point public boat access just across the street. This home is about 3 miles from downtown Newport and all the amenities there, and it’s a 19-mile drive to the State Side base lodge at Jay Peak Resort. Step inside with the virtual tour, then come see this wonderful home in person.
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William Raveis Real Estate
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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 | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $685 | $685 | $685 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,060 | $3,057 | $3,879 |
Total Monthly Payment | $3,837 | $3,834 | $4,656 |
* 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.