Opportunity's Knocking! Iconic Shelburne Falls home, rich in local history, boasts over an acre in the heart of the village, with many options to utilize its full potential. Present owner has been an excellent steward of the main house and north ell, while the the south ell is a blank slate, safely marking time, and ready to provide multi-generational living, rental income, a home office or studio, it's up to you! Built by stone mason George Merrill in 1871, George & his father Ira created much of the original stone infrastructure in Shelburne Falls. Their work includes the granite walls along the river, the Shelburne Falls House Hotel, the foundation of Arms Academy, Bardwells Ferry Bridge & George was committee chair for our famed Iron Bridge. Son Roy worked with his father on many projects in the area, but is best known as the builder of the Stone Fire Tower on Mt Massaemett, the oldest of its kind in the country. This one must be experienced to be appreciated! Bring your vision!
Type | Description | Level |
---|---|---|
Bedroom 2 | Closet, Flooring - Wood | Second |
Bedroom 3 | Closet, Flooring - Wood | Second |
Dining Room | Flooring - Wood | First |
Kitchen | Flooring - Wood | First |
Living Room | Flooring - Wood | First |
Master Bedroom | Closet, Flooring - Wood | Second |
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Our Executive Mortgage Banker:
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$625,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $500,000 | $500,000 | $500,000 |
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 | $476 | $476 | $476 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,327 | $3,323 | $4,217 |
Total Monthly Payment | $3,895 | $3,891 | $4,785 |
* 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.