Schedule showings on MLS# 4983668 Here’s your opportunity to grab a prime slice of Vermont real estate! Located in the heart of Waterbury, this like new, single level living duplex puts countless destinations at your fingertips. Tough to find a more convenient location, approx. a one hour drive to the Canadian or NH border, 20 minutes to world class skiing and riding in Stowe or Bolton, and a stone’s throw to some of Vermont’s most renowned attractions like Hen of the Wood, Michaels on the Hill, Ben and Jerry’s Factory, Cold Hollow Cider Mill, Country Club of Vermont, The Waterbury Reservoir, and The Long Trail to name a few. If that’s not enough, mountain biking, hiking, and swimming holes are plentiful. With signed annual leases in place, take all the time you need to decide how to capitalize on the multitude of opportunities the property provides. Whether you’re looking to house hack, leverage the long or short term rental market, or potentially even develop for further passive income, this duplex will not disappoint. This unique lot offers road frontage on both sides of Guptil, the adjacent 2+ acres are zoned medium density residential giving buyers a lot to look forward to. Find everything you’re looking for in this breathtaking intersection of the Green Mountains. Schedule a showing today!
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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 | $460,000 | $460,000 | $460,000 |
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 | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $525 | $525 | $525 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,138 | $3,057 | $3,879 |
Total Monthly Payment | $3,755 | $3,674 | $4,496 |
* 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.