740 West Street, Cornwall, VT, 05753 | $1,279,000

Brand new architect-designed "Modern Farmhouse” with stunning views of the Champlain Valley and Adirondacks. A generous covered porch leads to the 10’ ceilings and slate floors of the foyer. Beyond is an open-plan chef’s kitchen with a large quartz island, state-of-the-art stainless steel appliances, 5 inch oak floors and custom cabinetry that complements the modern, sleek design. The light-flooded great room has 20’ ceilings and oversized windows (2 stories high) on 3 sides with beautiful mountain views, as well as a modern gas fireplace. Beyond the French doors is a 360 sqft covered deck facing the mountains. The primary suite on the main floor also faces the Adirondacks and has space for a king bed and a lounge/desk area and features a large walk-in closet. The bathroom has radiant heated floors, a soaking tub, glass framed shower and double vanities. Upstairs there are 2 bedrooms and a full bathroom. The walkout basement has 1, 400 sqft of insulated usable space, 10’ ceilings and west and north facing windows. It is pre-plumbed for a bathroom and could easily include additional bedrooms and/or a family room with mountain views, resulting in 3, 200 sqft of living space. A large washer and dryer are already installed and the heating and separate AC systems are the latest heat pump technology. Building materials are no-rot clapboard, trim and decking. (Photos are virtually staged)

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Style: Contemporary
  • Year Built: 2023
  • Heating: Heat Pump,Hot Air,Radiant Floor
  • Cooling: Mini Split
  • Basement: Concrete Floor,Full,Insulated,Stairs - Interior,Unfinished,Walkout
  • Approx Sq. Feet: 1,820
  • Acreage: 4.75
  • Est. Taxes: $7,718
  • Lot Desc: Country Setting,Mountain View,Sloping,View,Wooded
  • Elem. School: Bingham Memorial School
  • Middle School: Middlebury Union Middle #3
  • High School: Middlebury Senior UHSD #3
  • School District: Addison Central
  • MLS#: 4969708
  • Website: https://www.raveis.com
    /eprop/4969708/740weststreet_cornwall_vt?source=qrflyer
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Listing courtesy of IPJ Real Estate   Phone: 802-388-4242
Listing Agent: Amey Ryan

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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

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Our Insurance Division:

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740 West Street, Cornwall, VT, 05753

$1,279,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,023,200 $1,023,200 $1,023,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 7.000% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.481% 7.103% 6.915%
Monthly Tax Payment $643 $643 $643
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,300 $6,807 $9,054
Total Monthly Payment $7,068 $7,575 $9,822

* 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.