58 Riverview Street, Ferrisburgh, VT, 05491 | $390,000

Live year round on owned frontage on the Otter Creek that takes you to Lake Champlain in just a few minutes! Enjoy kayaking, fishing or paddle boarding right out your front door. This attractive home was well thought out for one level living. The open concept layout has kitchen, living and dining areas all facing the water. The kitchen features stainless appliances, and has plenty of cabinetry for the cook in the household. A large covered porch is accessed from the living room, and you will want to spend hours here relaxing, reading or enjoying a summertime meal. The spacious bedroom has an en suite 3/4 bath with tile shower. A 1/2 bath for guests and laundry rounds out the space, so you have all the conveniences! An attached, two car garage makes coming in and out so easy. This is an affordable option to live on the water all year long! Located just 5 miles to downtown Vergennes for shopping, restaurants and events, and 2. 5 miles to the beautiful Basin Harbor Resort. Need more space? The house next door is also for sale, so a perfect setting for friends or family to live close by. See MLS listing #5063309

Features

  • Amenities: Common Acreage
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 three-quarter / 1 half
  • Style: Cottage/Camp
  • Year Built: 2021
  • Garage: 2-car Garage
  • Heating: Propane,Electric,Heat Pump,Mini Split
  • Cooling: Mini Split
  • Approx Sq. Feet: 900
  • Acreage: 0.5
  • Lot Desc: Country Setting,Mountain View,River Frontage,Sloping,Steep,Water View,Waterfront,Near Golf Course
  • Water Front: Yes
  • Elem. School: Ferrisburgh Central School
  • Middle School: Vergennes UHSD #5
  • High School: Vergennes UHSD #5
  • School District: Addison Northwest
  • MLS#: 5063310
  • Website: https://www.raveis.com
    /prop/5063310/58riverviewstreet_ferrisburgh_vt?source=qrflyer
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Listing courtesy of IPJ Real Estate   Phone: 802-388-4242
Listing Agent: Sarah Peluso

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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58 Riverview Street, Ferrisburgh, VT, 05491

$390,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $312,000 $312,000 $312,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.990% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.197% 6.156% 5.609%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,772 $1,869 $2,529
Total Monthly Payment $1,847 $1,944 $2,604

* 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.