ABOVE THE BATTENKILL. . . As you head west on 313 from the village of Arlington and drive alongside the Battenkill, the essence of the Battenkill Valley captures you. This rare undeveloped river valley in Southern Vermont is the Vermont that many of us long for. After a leisurely six-mile drive and a left turn over the river, you arrive at the driveway leading to a Beaver Mountain Custom Log Home constructed in 2001. A primary ensuite bedroom on the main floor, a spacious kitchen, a dining area, and a bonus room/den are offered. The main floor living room with a wood-burning stove will become your favorite gathering space. The main floor also offers a laundry closet and a guest bathroom. Heading upstairs is another bedroom, a full bathroom, and an open den overlooking the great room. The oversized one-car garage offers abundant storage space. Close to Manchester, Bromley, and Stratton Mountain Resort. Saratoga and SPAC are just 45 minutes away. Partially furnished. Don't let this one get away!
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $593 | $593 | $593 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,002 | $2,924 | $3,711 |
Total Monthly Payment | $3,686 | $3,608 | $4,395 |
* 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.