Live on the lake on Shelburne Point with 4. 6 acres of common land and 575 feet of lakefront! This beautiful condominium is one of five custom-built three-level townhomes that make up Eastlake Condominiums. With extensive upgrades and improvements over the last four years, this condo looks like new! Just a few of the recent upgrades include upgraded appliances, radiant heat throughout first floor, four heat pumps for A/C, new flooring, updated bathrooms, and new lighting (most work done by Peregrine Construction). The Eastlake Condominium Association has done major capital improvements over the last few years, all new walkways with hardscapes and landscaping, new paved driveway, exterior lighting, all chimneys repointed and sealed, and new steps for easier lake access. Plus, a new roof in 2018! An association dock with power offers a slip for each owner and a mooring is included. Living on Shelburne Bay offers protected docks and moorings for boats and the Bay is great for canoeing and kayaking. Prime waterfront living without the hassle of owning a home, perfect for a primary residence or a second home. One small domestic pet allowed per unit.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,645,000
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 | $1,316,000 | $1,316,000 | $1,316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $1,528 | $1,528 | $1,528 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,369 | $7,996 | $10,840 |
Total Monthly Payment | $9,022 | $9,649 | $12,493 |
* 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.