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Full of potential and brimming with character, this 4-bedroom farmhouse in the heart of Leicester offers an affordable opportunity for a family ready to make it their own. Built in 1900 and set on a low-maintenance 0. 26-acre lot, the home features nearly 2, 000 sq ft of space, original wood floors, a cozy fireplace, and a gas stove. The spacious kitchen opens to the dining area, ideal for gatherings, while the main floor includes a living room, den, and a flexible bonus room off the kitchen—perfect for an office or playroom. All four bedrooms are upstairs, providing ample space for a growing household. With its country charm and solid footprint, this diamond in the rough is waiting for the right buyer to restore and enjoy for years to come. Conveniently located just outside of Brandon and Middlebury, this is a great chance to own a classic Vermont farmhouse at an attainable price point.
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,900
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 | $159,920 | $159,920 | $159,920 |
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 | $310 | $310 | $310 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,011 | $1,051 | $1,339 |
Total Monthly Payment | $1,396 | $1,436 | $1,724 |
* 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.