With breathtaking views of Lake Champlain and the Adirondacks, you’ll discover the perfect blend of luxury and location in this lovely 2-bedroom, 2-bath condominium at College and Battery. Located on the 5th floor of this coveted, secure building and just across the street from Waterfront Park, the Burlington Bike Path, and the marina, you’ll enjoy easy living and close proximity to most everything, including the Church Street Marketplace where you can shop and dine at award winning restaurants, plus the University of Vermont and the UVM Medical Center. With full southern exposure, you’ll love the open floor plan and abundant natural light, and you’ll be captivated by stunning sunsets seen from the spacious living and dining rooms and the primary bedroom, which includes a full bath and large walk-in closet. The second bedroom, with adjacent bath and stackable washer/dryer closet, is ideal for guests, a home office, or cozy den. Granite countertops, a breakfast bar, and new dishwasher and microwave in the kitchen. This unit includes two covered parking spots in a secure garage, plus a heated storage unit. Stair or elevator access. Experience the beauty of waterfront living with all the amenities of city life right at your fingertips! Tenant lease expires 10/31/24. HOA dues include heat, hot water and sewer, trash, landscaping, and plowing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$865,000
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 | $692,000 | $692,000 | $692,000 |
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 | $1,221 | $1,221 | $1,221 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,875 | $4,261 | $5,746 |
Total Monthly Payment | $5,188 | $5,574 | $7,059 |
* 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.