Nestled in a wooded waterfront setting along the Black River, you will find this cozy log home. Custom designed and constructed by a builder for his family, the owner is now looking to replicate his creation on a more expansive scale to fit his needs as his family grows! So take advantage of this opportunity to have your own "piece" of Vermont. . . . . less than 5 miles to world class skiing and golf at Okemo Mountain Resort and the Fox Run heathland course! Easy drives to Stratton, Magic, Bromley, Killington. . . . even Stowe to ski for the day! Avid snowmobiler? Grab the sled from the 14 x 20 garage, hop on and head for the VAST feeder trail down the road! Warmer weather? Enjoy the breezes on your back deck for a BBQ or step down to the river for a quick cooling dip . . . and the fire pit in the side yard is available to treat you all year round! Stay in the area for fine dining and summer concerts in both Cavendish and Ludlow. . . and don't forget to stop in to Singleton's and the Grafton Village Cheese Shops in Proctorsville!
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Our Executive Mortgage Banker:
Our Insurance Division:
$349,000
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 | $279,200 | $279,200 | $279,200 |
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 | $357 | $357 | $357 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,858 | $1,856 | $2,394 |
Total Monthly Payment | $2,290 | $2,288 | $2,826 |
* 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.