Welcome home to 1100 Spear Street. Where you will enjoy one level living on over 2 acres of land. This property has been recently updated with all newly refinished hardwood flooring, new carpets in bedrooms and ceramic tile baths. A gorgeous new kitchen with stainless appliances and quartz countertops is a chef’s delight. The kitchen has a skylight to bring in extra light all day. The two full baths include walk in tile shower and vanities with quartz tops. The home also has newer roof, all new electrical, plumbing and heating. Ready for you to move right in and unpack. The floor plan offers a primary suite with full bath on the north end of the home and 3 bedrooms on the south end of the home. A large living room with stone hearth is perfect for entertaining on these Fall days and nights. A family room with new woodstove and vaulted ceiling will be a favorite spot to relax with glass slider doors open to the large private backyard. A separate office space is ideal for those who work from home. A full unfinished lower level is convenient and great for storage. Location is a bonus, just up the street from UVM campus and medical center, close to local schools and amenities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $808 | $808 | $808 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,435 | $4,866 | $6,465 |
Total Monthly Payment | $5,335 | $5,766 | $7,365 |
* 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.