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Nestled on a 2. 88 acre lot overlooking Lake Memphremagog you will find this beautifully renovated 3-bedroom, 2-bathroom home offering modern comfort in a peaceful setting. The open-concept design provides a warm and inviting atmosphere, with 3 levels of finished living space. The first story offers a spacious kitchen w/ black stainless appliances, a dining area with sliding glass doors to the private back deck, a roomy living area offering large windows for tons of natural light and long range views up Lake Memphremagog, vaulted ceilings and a grand fireplace w/ insert in the middle of the room. The second story you will find 3 bedrooms and a 3/4 bath and laundry room. Need more living space? The finished lower level family room (23'x27') is an ideal spot to kick back or entertain and also offers its own full bathroom. Additional features include 2-car attached garage (26'x23) w/ new concrete, new paint on the interior/exterior, light fixtures, all new flooring, updated electrical and so much more! Enjoy the best of both worlds—privacy and accessibility—just minutes from downtown Newport, local restaurants, Newport Country Club, I-91 and North Country Hospital. Whether you're looking for a serene retreat or a home close to town, this property has it all!
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Our Executive Mortgage Banker:
Our Insurance Division:
$418,500
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 | $334,800 | $334,800 | $334,800 |
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% | 6.152% |
Monthly Tax Payment | $544 | $544 | $544 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,116 | $2,199 | $2,803 |
Total Monthly Payment | $2,735 | $2,818 | $3,422 |
* 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.