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Wonderful home just north of Moretown Village with views and frontage on the Mad River but well above flood zone. 4BR's plus an office/den, large open Living/Dining Room with great river views and stone fireplace with wood stove insert, and lots of sun and natural light. Back area looking over river feels very private and peaceful. Direct access to Mad River for putting in your kayaks, tubes, etc. or fish right from your back yard! Accessible with 1st floor BR and full bath, 2 BRs upstairs and BR and office in Walk-out finished basement, along with 3/4 bath (could use updating). Large dry store room in unfinished part of basement as well as Laundry/utility room. This home could use some updating but has been well maintained and could be a real gem with some cosmetic updates. Outdoor fire pit, mature woods, views over the river, and long river frontage make this lot unique. Adding a deck looking over the River would be a simple project that would increase the appeal and value of this property greatly. Don't miss the opportunity to come take a look at this unique Mad River Valley property.
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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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $320,000 | $320,000 | $320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.583% | 6.533% | 5.764% |
| Monthly Tax Payment | $357 | $357 | $357 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,893 | $1,996 | $2,613 |
| Total Monthly Payment | $2,325 | $2,428 | $3,045 |
* 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.