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Nestled in the cedars, this well-maintained waterfront cottage sits on a 1. 49-acre double lot with 200 feet of direct Lake Champlain frontage on the broad lake, plus shared access to a nearby beach exclusive to Cedarvale residents. Inside this charming cottage, you’ll find an open main living area with lakeside windows that frame beautiful water views. A Hearthstone propane stove in the living area adds cozy warmth on cool evenings. Step onto the enclosed porch to watch the sunset and enjoy the peaceful surroundings. Two bedrooms and a full bathroom finish the inside. Off the living room, head out to the sunny, partially covered deck ideal for al fresco dining. Stairs lead down to the water’s edge, where you’ll find a landing and a concrete seawall. For storage and flexibility, there’s a detached garage and three sheds. Across the road, clear and level land provides space for future improvements or additional recreational space. Located on Pelots Point of North Hero, the property is near the North Hero Marina and borders 19 acres of Vermont State land with nature trails—perfect for nature lovers. Don’t miss the chance to view this perfect island getaway. Schedule a showing today!
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$649,000
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 | $519,200 | $519,200 | $519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | $619 | $619 | $619 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,239 | $3,411 | $4,346 |
Total Monthly Payment | $3,950 | $4,122 | $5,057 |
* 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.