Every once in a while a magical and rare opportunity becomes available on Lake Champlain! Located at the very end of the point with 300’ of direct east facing gorgeous shoreline and over 5oo additional feet of canal frontage you are surrounded by water and nature, which provides a private feeling. This custom built 2013 Bickford home was designed to capture the water views. The great room cathedral ceiling creates a bright and airy feeling, and the wood fireplace and radiant floor heating will provide a cozy feel this winter. The open-floor plan creates a beautiful entertaining space which opens to the three-season enclosed porch and flows onto the very large deck: the perfect spot to watch the moonbeams and sunrises. There is a first-floor primary bedroom and bath which makes for easy living on one level, and four additional guest rooms on the second floor. Truly a magnificent location on Lake Champlain with easy access to the broad lake and to the Inland Sea for all of your boating pleasures. Welcome to Macomber Point!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,275 | $1,275 | $1,275 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,678 | $6,239 | $8,371 |
Total Monthly Payment | $7,078 | $7,639 | $9,771 |
* 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.