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Welcome to the historic village center of Albany, Vermont, where classic farmhouse charm meets modern flexibility on approximately 2. 7 acres in the heart of the Northeast Kingdom. This versatile property offers the rare opportunity to own a spacious single-family home with potential for an in-law suite, guest quarters, or duplex-style living arrangement, making it ideal for multi-generational living, rental income potential, or extended family use. Rich in character and surrounded by open land, the property provides space for gardening, hobby farming, recreation, or simply enjoying Vermont's rural lifestyle. Located in the Town of Albany, which has no local zoning, the property offers exciting future possibilities. A former RV hookup site and ample open space may support additional uses or expansion, subject to state permits and approvals. Ideally situated between Albany and Craftsbury, this home offers convenient access to many of the Northeast Kingdom's most sought-after destinations. Enjoy nearby recreation at the Craftsbury Outdoor Center, Kingdom Trails, Burke Mountain, and Jay Peak Resort. The location is also convenient to local stores, community gathering places, lakes, hiking trails, and snowmobile routes. Healthcare professionals and commuters will appreciate easy access to North Country Hospital, Copley Hospital, and Northeastern Vermont Regional Hospital. The property's combination of flexibility, acreage, and location also makes it appealing for remote workers, outdoor enthusiasts, and those seeking a Vermont homestead or country retreat. Whether you're searching for a Northeast Kingdom farmhouse, multi-generational home, investment opportunity, recreational basecamp, or property with future potential, this Albany gem offers the space, versatility, and small-town Vermont lifestyle today's buyers are seeking. Opportunity for Seller concession at closing.
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/2/2026Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$265,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $212,000 | $212,000 | $212,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $412 | $412 | $412 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,288 | $1,339 | $1,760 |
| Total Monthly Payment | $1,775 | $1,826 | $2,247 |
* 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.