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Take a step back in time in this 1840 Farmhouse that has been operated as the Green Trails Inn since 1932. Though the Inn has been closed, the permits for a Bed and Breakfast and a 25-seat Restaurant are in place. The large rooms and plentiful bathrooms make the home ideally suited for many uses, such as a Bed and Breakfast with a Restaurant, a glorious single-family home, a multi-family residence with private entrances, or any combination of personal or business use. Every room can tell a story of days gone by; only your imagination and ideas will bring the home to its full potential and glory. The renovation and updates needed depend on your desired use. The possibilities are endless in this peaceful, lovely spot that retains its quietude and beauty. This is a rare offering of a historic property located in the heart of Pond Village across from the famous Floating Bridge on beautiful Sunset Lake. Minutes away from Norwich University, Vermont Technical College, and Vermont Law School, and only 10 minutes to Interstate 89, the location is perfect. Many recreational activities abound, or relax by the stone fireplace in the great room with a good book.
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Our Executive Mortgage Banker:
Our Insurance Division:
$360,000
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 | $288,000 | $288,000 | $288,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.500% | 7.500% | 6.750% |
Interest Rate based on Index + Margin | 7.875% | ||
Annual Percentage Rate | 7.645% | 7.687% | 7.042% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,014 | $2,014 | $2,549 |
Total Monthly Payment | $2,089 | $2,089 | $2,624 |
* 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.