Absolutely charming summer camp built in 2013 on Long Point, and part of the Long Point Corporation. Lake Champlain frontage on both the east and west sides of the camp. Mountain Views of the Adirondacks and the Green Mountains. 2 docks, plus a mooring included. Enjoy your summer mornings and watch the sun rise on the screen porch, then sit on the large flat rocks and enjoy the the most amazing sunsets in the evenings. The camp is bright, has an open floor plan and a first floor bedroom and bath. The 2nd floor has a large primary bedroom and bath and overlooks the lake on both the east and west sides. Beautiful wood floors, walls and ceilings make the camp very cozy. This is a great place to spend the entire summer or easy enough to use on weekends and vacations as well. Walls & ceiling are insulated for greater comfort in spring & fall. Community water available from early April to end of October. This property is part of Long Point Corporation. Every lot owner is a shareholder, and lots are leased from the Corporation. New owners sign a 20 year renewable lease. Lease on lot is $120. 00 annually, community water for 2025 season will be $500. 00 and corporation assessment annual fee for 2025 will be $750. 00. Most, but not all furnishings will remain. Property is seasonal, and cannot become year round. Open House Sunday, October 6th, from 1: 00-3: 00 PM
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William Raveis Real Estate
Phone: 888.699.8876
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $536,000 | $536,000 | $536,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.654% | 5.752% |
Monthly Tax Payment | $574 | $574 | $574 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,388 | $3,384 | $4,377 |
Total Monthly Payment | $4,054 | $4,050 | $5,043 |
* 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.