A wonderful opportunity to live at The Terraces, a sought after 55+ independent living community close to village of Shelburne! This inviting first-floor flat offers two bedrooms, a full bathroom, large storage closet, and highly coveted deeded carport. A shared washer and dryer are located down the hallway on the same floor. The owner thoughtfully enhanced the living room with warm engineered hardwood floors and removed a section of the kitchen wall, creating a full view from the kitchen to the living room and outdoor patio. The condo has beautiful easterly views and is located across the street from the Audubon Building, where residents can enjoy the community dining room, cozy living room with fireplace, crafts room, library, an exercise room, and even a beauty shop/hairdresser. Many residences take full advantage of the option of weekday meals, available on a monthly plan, and also participate in a variety of activities such as crafts, games, yoga, excursions, and shopping. Regular group outings to the grocery store, bank, and pharmacy are also available, with carry-in service offered for those who need help bringing in their groceries. For those with a green thumb, there’s garden space to grow vegetables and flowers. There is also a small dog park available on-site. This vibrant community is located near Lake Champlain, Shelburne Farms, Shelburne Museum, restaurants, and shopping, offering the perfect balance of tranquility, convenience, and accessibility.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$289,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $231,200 | $231,200 | $231,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $236 | $236 | $236 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,538 | $1,537 | $1,982 |
Total Monthly Payment | $1,849 | $1,848 | $2,293 |
* 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.