397 Shady Rill Road, Middlesex, VT, 05602 | $450,000

Rarely are there homes for sale in Middlesex and rarer yet, are they right off of a paved and town-maintained road that will lead you into downtown Montpelier in just about ten minutes. This little gem of a home is just that. Easy to access and yet sits in the middle of a wonderful mix of both open land and woods. Just down the road you’ll find Shady Rill Park where you can swim in the cool waters, or head up the road three miles to the Middlesex Trailhead to hike to your heart’s content. There’s also plenty to do without having to leave your back yard. Whether you are outside gardening, swapping stories by the bonfire, playing in the woods, entertaining on the back deck, or simply sitting with your favorite book, you’ll be in awe of the easterly mountain views that that crest the horizon. This house has a unique layout that can be used however you best see fit. Formerly used as a short-term rental space, the first floor has a full bathroom, one bedroom and two spacious rooms that could continue being used as a rental for added income or serve as a den, office, entertainment space…you name it. Moving upstairs, you’ll find an open layout as the kitchen, dining room and main living room all flow effortlessly together. Two bedrooms and a full bathroom complete the upstairs layout in a comfortable fashion. Schedule your private viewing today so you can see all that this home as to offer. Showings begin Tuesday 5/7/24.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Style: Multi-Level
  • Year Built: 2002
  • Heating: Baseboard,Hot Water
  • Cooling: None
  • Basement: Daylight,Finished,Full,Insulated,Stairs - Interior,Exterior Access,Stairs - Basement
  • Approx Sq. Feet: 2,078
  • Acreage: 2.3
  • Est. Taxes: $7,039
  • Lot Desc: Country Setting,Open,Sloping,Trail/Near Trail,View,Wooded
  • Elem. School: Rumney Memorial School
  • High School: U32 High School
  • School District: Middlesex School District
  • MLS#: 4994013
  • Website: https://www.raveis.com
    /prop/4994013/397shadyrillroad_middlesex_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/3/2024

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Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1020051

508.740.5922

Frank.Merola@raveis.com

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Our Insurance Division:

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397 Shady Rill Road, Middlesex, VT, 05602

$450,000

Tara Franklin

Luxury Properties Specialist

William Raveis Real Estate

Phone: 978.618.9314

Tara.Franklin@raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $360,000 $360,000 $360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 8.011% 7.171% 6.538%
Monthly Tax Payment $587 $587 $587
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,486 $2,393 $3,087
Total Monthly Payment $3,148 $3,055 $3,749

* 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.