Welcome home to this cozy ranch nestled on Leighton Hill Road in the picturesque town of Newbury, Vermont! The land has a mixed variety of forest with a nice, level lawn area. Fantastic location is close to Walmart, I91, Burke Mountain is approx. a 45 min drive and the wonderful Farm-Way store is approx. a 15 minute drive! In the area you will find hiking, paths, ponds and lakes for recreation. Cottage Hospital is also in the area. Large space in the basement could be additional bedrooms, rec room, office space. . . bring your imagination and personal style! Bring this adorable home to life with your ideas! Relax on the side deck and soak in some serenity from the private back yard. The town has this as a one bedroom, however, the seller added windows to the basement area for more space. This is a great investment opportunity or perfect for a first time home buyer! Attractive neighborhood on a back road in the heart of Vermont, let your homeownership/investment dreams be a reality! The seller has started renovations and is letting the buyer take over! Home is being sold in 'as-is' condition.
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Our Executive Mortgage Banker:
Our Insurance Division:
$165,000
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 | $132,000 | $132,000 | $132,000 |
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 | $196 | $196 | $196 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $878 | $877 | $1,113 |
Total Monthly Payment | $1,149 | $1,148 | $1,384 |
* 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.