Experience the feeling of living at the lake without the expensive lakefront taxes. This year-round, 3-bedroom home offers views overlooking beautiful Lake Memphremagog and downtown Newport, VT. The main level features an open kitchen/dining area, living room, mudroom with laundry, 3 bedrooms and 2 baths. The sellers have recently finished the all new primary bedroom suite & ¾ bath. City water & sewer, oil hot air furnace, wood stove in the living room, 2 propane heating units (not currently installed but sellers will leave for new owners), several Pella vinyl windows, 2 new pressure treated decks, Xfinity cable & high speed internet & much more. The detached garage & workshop is usable for storage and will require TLC in the future. This property is ideal for a handy buyer who is willing to complete the finishing touches and bring this property to its full potential. The Newport Marina is a short walk down the road where you have an option to purchase or lease a boat slip. This property has so much potential to become a profitable investment property to rent via Airbnb, VRBO, etc. if desired. Ideal location, just a short walk to downtown amenities & only a 25 min drive to Jay Peak Resort. VAST snowmobile trail runs on the property behind the house & VASA ATV trail access nearby. Enjoy 4 seasons of recreation and all that the Northeast Kingdom has to offer at an affordable price.
Property Details
Property Features
Property Information:
Year Built: 1930
Stories: 1
Living Area: 1,410 SqFt
Listing Office:
Office Name: Jim Campbell Real Estate
Office Phone: (802) 334-3400
Listing Agent: Ryan Pronto
Interior Features
Interior Information:
Appliances: Dryer, Electric Range, Refrigerator, Washer, Exhaust Fan
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,265
Per Month
Principal & Interest
$1,198
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$786
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Newport City Elementary School
166 Sias Ave
Distance between this listing and this school1.46 miles
Public District Grades PK-6
3
/10
Newport Town School
4212 VT Route 105
Distance between this listing and this school4.29 miles
Public District Grades PK-6
4
/10
Derby Elementary School
907 Elm St
Distance between this listing and this school6.58 miles
Public District Grades PK-6
Nearby Schools
5
/10
North Country Union Junior High School
57 Junior High Dr
Distance between this listing and this school4.42 miles
Public District Grades 7-8
4
/10
Coventry Village School
348 Route 5
Distance between this listing and this school5.72 miles
Public District Grades PK-8
8
/10
Orleans Elementary School
53 School St
Distance between this listing and this school9.00 miles
Public District Grades PK-8
Nearby Schools
4
/10
North Country Union High School
209 Veterans Ave
Distance between this listing and this school0.98 miles
Public District Grades 9-12
5
/10
Lake Region Union High School
317 Lake Region Rd
Distance between this listing and this school10.82 miles
Public District Grades 9-12
9
/10
Craftsbury Schools
1422 N Craftsbury Rd
Distance between this listing and this school21.21 miles
The neighbors living near this home have an average income of $43,409. Residents of Newport, VT typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 179 Farrant St
What is the listing price of this property?
The listing price of 179 Farrant St property is $239,900.
What type of property is this?
The property 179 Farrant St is a house located in Newport City, Vermont, 05855.
Is this property for sale now?
Active Listing: 179 Farrant St is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 179 Farrant St has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 179 Farrant St is 1,410 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 179 Farrant St is 1930.
This home is located at 179 Farrant St in Newport City, VT and zip code 05855. This 1,410 square foot home, which was built in 1930, sits on a 0.25 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $239,900.
The number of listings in Newport, VT increased by 75% between September 2024 and October 2024. In October 2024, listings were on the market for 71 days. During the same period, the median list price in this real estate market was $297,000.
From Rocket Homes Real Estate and based on county public records data.