Enjoy the charm of yesteryear with this vintage colonial farmhouse set on a scenic 16. 6 acre property complete with barn and accessory apartment! The main house has 5-6 bedrooms so it can accommodate a variety of uses. One bedroom has a direct access to the driveway with separate entrance and would make an ideal home office. Ideal for an accountant, attorney, or doctor's office as well as a primary residence. There is a studio apartment over the two car garage. The 35 x 30 barn has three horse stalls and a tack room as well as lots of additional multi-use space. The fenced pasture is ideal for horses or other animals to graze. There are also deep woods for riding trails! Gracious living and dining rooms with antique home accoutrements including wainscotting, built in bookshelves and corner hutches, brick fireplace, and a beautiful sitting area with casement windows. Convenient location close to downtown Barre and Montpelier yet just far enough away to feel like you are in the country. The Gunner Brook Store & Deli is just a stone's throw away for your morning coffee or breakfast sandwich on your way to work. The house needs some work but has good bones - strong and solid. Most of the work appears to be cosmetic. There is a new oil fired boiler that is just a few months old. There is also a wood boiler and a wood stove. The roof is in need replacement but owner says no current leaks. A true diamond in the rough with lots of potential!
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Our Executive Mortgage Banker:
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$255,000
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 | $204,000 | $204,000 | $204,000 |
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 | $656 | $656 | $656 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,392 | $1,356 | $1,720 |
Total Monthly Payment | $2,123 | $2,087 | $2,451 |
* 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.