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Tucked away in one of Newport’s most peaceful hillside neighborhoods, Memphremagog Views offers the perfect balance of comfort, convenience, and charm. This thoughtfully designed single-level home spans over 1, 650 square feet and sits on a nicely landscaped 0. 33-acre lot with a paved drive and an attached one-car garage. Inside, the layout is both functional and welcoming. The home welcomes you to a mudroom with laundry, leading into a bright and open kitchen that flows effortlessly into the main living area. A second sun-drenched living space offers additional room to relax, entertain, or enjoy quiet moments. Three generously sized bedrooms provide the space and privacy you need, including a primary suite with vaulted ceilings, double vanities, a soaking tub, and separate shower. Step outside to enjoy your own backyard retreat, partially fenced and ideal for pets, gardening, or enjoying the fresh Vermont air. Although the home needs some TLC, you can't beat this location! Situated just minutes from the heart of Newport, you’ll be close to shopping, dining, schools, the hospital, and Lake Memphremagog. A quick 25 minute commute brings you to Jay Peak Resort and Water Park where you can enjoy skiing, biking, hiking, golfing, ice skating, indoor mini golf, sightseeing and so much more!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$225,000
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 | $180,000 | $180,000 | $180,000 |
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 | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $421 | $421 | $421 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,138 | $1,182 | $1,507 |
Total Monthly Payment | $1,634 | $1,678 | $2,003 |
* 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.