Experience the magic of a home that is more than just walls. Here you will find tranquil lakefront living in this 4-season camp nestled on 0. 92 acres along the east lakeshore of Alburgh, VT. This MCM inspired 1960's home features 3 bedrooms, 1 bath, and an open concept kitchen/dining/living area. With an updated 1, 104 sqft there is enough room for everyone. Major updates include a drilled well, septic system, heating/AC system, on-demand water heater, and insulation. Enjoy the carport and attached shed providing extra storage space for any outdoor equipment. There is expansive garden space to show off a green thumb or your yard game skills. The outdoor amenities don't end there. The property includes a cement seawall with a fence and ramp for easy water access, 85ft of Lake Champlain frontage, and stunning views of sunrises over the lake and mountains. Ideal for year-round relaxation this lakefront retreat is just an hour from Burlington, VT and Montreal, QC. Come and enjoy the tranquility and recreational possibilities that Lake Champlain provides. Currently used for short term rentals and has limited viewing availability.
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Our Executive Mortgage Banker:
Our Insurance Division:
$479,000
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 | $383,200 | $383,200 | $383,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $311 | $311 | $311 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,614 | $2,547 | $3,260 |
Total Monthly Payment | $3,000 | $2,933 | $3,646 |
* 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.