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Very well maintained home with stunning Northerly views over Lake Memphremagog. This exquisite property was built around 1920 and features original charm & character throughout. Offering 3 bedrooms, 3 baths and over 3, 100 sq. ft. of living space. This home welcomes you with an inviting atmosphere and panoramic lake views from most every room. The main level offers an eat-in kitchen w/ granite counters, formal dining room w/ 2 built-in Federal China Cabinets, a thoughtfully designed study w/ beveled wood paneled walls and spacious living room area w/ coffered ceilings & a wood fireplace. The 2nd level offers a primary bedroom, 2 bedrooms and a full bath w/ a walk-in cedar closet. The partial basement has an office space & utility room/workshop area. Bonus areas include a heated sunroom and an attached 2-story finished space that is ideal for a studio/gallery, home office, family room, guest suite, etc. Highlights includes beautiful hardwood floors on both levels, direct access from the attached garage, a freshly painted exterior and breathtaking sunset views. Serviced by public water & sewer, updated boiler with oil hot water heat, 200 Amp electrical and access to high-speed Xfinity internet/cable if desired. Situated on a . 45 acre lot, in a quiet neighborhood setting at the end of a dead-end street. This property combines convenience and tranquility within walking distance from downtown Newport, the lakefront boardwalk, nearby marinas, restaurants and much more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$369,000
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 | $295,200 | $295,200 | $295,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $558 | $558 | $558 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,866 | $1,939 | $2,471 |
Total Monthly Payment | $2,499 | $2,572 | $3,104 |
* 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.