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Open house 5/3 at 10am-12pm. This home, located in the heart of Lincoln, offers an opportunity to own a piece of history. With its sturdy construction and thoughtful updates, it’s a practical and charming option for anyone seeking a home with character. Enter through the renovated heated sunroom that doubles as a mudroom with storage, utility sink, and space to shed shoes and coats. 3 rooms were opened to create a more modern kitchen with a breakfast counter and eat-in table that expands to a seating area with a wood stove. From there, continue to the cheerful dining room with painted wood floors. Off the dining room is a study with a cozy reading nook and built-in desk and shelves, and a living room with lots of seating. A laundry area and full bath finish this floor. Upstairs, you’ll find all 3 bedrooms. The open primary features several windows, giving it an airy feel, along with a sizable closet and more built-in bookshelves. The 2nd bedroom is large enough for multiple arrangements. There’s also a ¾ bath. Situated on 7 acres that abut conserved Willards Woods, the home includes a manageable yard with flowering trees, private patio area, and a stream that runs the length of the property. In front, the well-maintained porch provides another seating area. There's loft storage above the 2-car garage. It's is walking distance to the General Store, Burnham Hall, the town field, and swimming holes, while still being less than 10 minutes to Bristol and 30 minutes to Middlebury.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $392,000 | $392,000 | $392,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.095% | 7.141% | 6.152% |
Monthly Tax Payment | $698 | $698 | $698 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,478 | $2,605 | $3,282 |
Total Monthly Payment | $3,251 | $3,378 | $4,055 |
* 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.