Welcome to 2 Federal Street, a magnificent historic property that has been meticulously maintained over the years. This impressive space spans 23, 000 square feet and features stunning oversized windows, which flood the interior with natural light and offer breathtaking views of the surroundings. With its well-preserved architectural details, including ornate moldings, high ceilings, and unique fixtures, this property exudes timeless charm and grandeur. The careful preservation of its historic elements creates a nostalgic and inspiring atmosphere. The generous square footage provides endless possibilities for customization and adaptation. Whether you dream of transforming it into a bustling commercial space, an artistic haven, or a dynamic community center, this property has the capacity to accommodate a wide range of ventures. Located in a prime area, 2 Federal Street offers convenient access to transportation hubs, nearby amenities, and a vibrant community. Its historical significance and architectural beauty make it a standout property that will capture the attention of visitors and leave a lasting impression. Take advantage of the opportunity to own this remarkable property, where history, charm, and potential converge to offer a truly unique and exciting investment opportunity. Discover the possibilities that await you at 2 Federal Street and let your imagination soar. 2 Federal is being sold as is, where is and may be subject to Vermont Statues Title 5.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,700,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,360,000 | $1,360,000 | $1,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,616 | $8,374 | $11,294 |
Total Monthly Payment | $7,741 | $8,499 | $11,419 |
* 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.