This Landing at Stowe condominium is finished and ready for new owners to occupy. This middle unit property boasts 4 bedrooms and 3 ½ baths in a townhouse design. This home is 3, 100 sq’ including a one car garage with additional storage room. Take the attached Virtual Tour of the model property. Features include: 9’ high ceilings throughout, private patio, ample storage, central AC and professional property management. The fit and finish of this property is superior. The first level features a mudroom complete with built-in storage and laundry area. The open-concept kitchen creates a great entertaining space and the walk-in pantry ensures ample storage. The living area boasts a Jotul gas fireplace and the patio connects you to outdoor living. 9’ ceilings provide a very spacious ambience. On the second level, the primary bedroom has 9’ high ceilings. The en-suite bathroom contains both a soaking tub and shower accented by an oversized dual-sink vanity. Instant hot water at all locations. Lower Level includes a 3/4 bathroom, bedroom and large family/TV room. Stowe mountain Resort is 4. 4 miles and the Stowe Village is 3. 2 mile. BOS is 3 hours and 15 minutes. BTV is 45 minutes. This property is on the Mountain Shuttle bus route for easy access to both. Furnishing packages are available. A Resort Reality Advisors Appraisal projects a 10% CAP Rate for short term rentals at The Landing.
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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 | $1,220,000 | $1,220,000 | $1,220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $1,586 | $1,586 | $1,586 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,023 | $7,711 | $10,295 |
Total Monthly Payment | $8,734 | $9,422 | $12,006 |
* 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.