Breathtaking views, outdoor recreation, and ease of living characterize this inviting and luxurious three-level townhome located on the Outer Bay at Marble Island. Enjoy kayaking, swimming, and boating moments from your door - no driving necessary! The tranquil residential community includes three beaches, swimming pool, tennis/pickle ball courts, trail system, and a private marina nearby (not part of HOA). This home is close to the bike path and Colchester's famous Causeway, providing miles of year-round biking and fun activities. Central air keeps you cool in the summer as sailboats glide by. The open main floor plan features a beautiful natural gas fireplace, large living/dining area, half bath, and large deck overlooking the lake, beach, marina, and Marble Island. The kitchen sports gorgeous granite counters and a stunning backsplash. Two generously sized en suite bedrooms are located upstairs. The primary bedroom offers beautiful lake views, two closets, and private full bath. The second bedroom provides privacy for your family or guests with two closets, a second full bath, and private outdoor deck. Head to the lower level and be amazed by the open floor plan and once again, a gorgeous view. The lower-level patio provides space for storing kayaks in the off-season, when they are not at the beach in the summer, yet another option for enjoying the outdoors. Located close to Burlington, shopping, ski resorts, and more!
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Our Executive Mortgage Banker:
Our Insurance Division:
$895,000
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 | $716,000 | $716,000 | $716,000 |
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 | $987 | $987 | $987 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,065 | $4,467 | $5,994 |
Total Monthly Payment | $5,144 | $5,546 | $7,073 |
* 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.