550 Main Street, Cavendish, VT, 05142 | $295,000

Come enjoy the ease of Village living! With All of the conveniences of Proctorsville just a short walk away. This two family brick federal has been updated by it's current owner but there's still some finishing touches to be done although it is move in ready. Use one unit and have the tenants of the other pay the lions share of your expenses. Or have a great income producing rental the choice is yours! Just minutes to Okemo and on the public transit route. The ton of other recreations in the area, mountain biking out the front door, hiking in the Hawks Mountain Forest or beer drinking around the corner at Outer Limits Brewing. Singletons Store, Murdock's On The Green and the new Café are a very short walk away. Enjoy Summer concerts on the Green and a secret swimming hole on the Black River. This affordable two family awaits the next owners to enjoy!

Features

  • Rooms: 12
  • Bedrooms: 6
  • Baths: 2 full
  • Units: 2
  • Style: Colonial
  • Year Built: 1810
  • Heating: Oil,Forced Air
  • Cooling: None
  • Basement: Bulkhead,Dirt Floor,Stairs - Interior,Unfinished,Exterior Access
  • Approx Sq. Feet: 2,640
  • Acreage: 0.14
  • Est. Taxes: $4,210
  • Lot Desc: City Lot,Curbing,Level,Mountain View,Sidewalks,Street Lights,In Town,Near Country Club,Near Golf Course,Near Paths,Near Shopping,Near Skiing,Near Snowmobile Trails,Neighborhood,Near Public Transportatn,Near Hospital,Near School(s)
  • Elem. School: Cavendish Town Elementary
  • Middle School: Green Mountain UHSD #35
  • High School: Green Mountain UHSD #35
  • School District: Two Rivers Supervisory Union
  • MLS#: 5017632
  • Website: https://www.raveis.com
    /prop/5017632/550mainstreet_cavendish_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/25/2024
Listing courtesy of Diamond Realty   Phone: 802-228-1234
Listing Agent: Frank Provance

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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550 Main Street, Cavendish, VT, 05142

$295,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

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 $236,000 $236,000 $236,000
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 $351 $351 $351
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,570 $1,569 $2,024
Total Monthly Payment $1,996 $1,995 $2,450

* 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.