A super rare, furnished Holbrook Bay 2 Bedroom, 2 bath second level condo. The Condo is in the C building over looking Lake Memphremagog. 1040 square feet, consists of an open kitchen/dining and living room with a wood fireplace. The primary bedroom features a full bath and access to the deck overlooking the lake. 2nd bedroom and 3/4 bath with laundry. The Seller is the original owner and used the Condo very minimally. Enjoy shared dock access, a heated in-ground pool, tennis court, club house, and 50+/- acres of shared land to walk, snowshoe, cross country ski, etc. . . VAST trail access and trailer parking. Association fees are $330/month and includes basic cable, trash/recycling, water, sewer, mowing, plowing & walkway shoveling, building maintenance, etc. . . Jay Peak Resort is 20 minutes away. 2hrs 15 min to Montreal. Enjoy waterfront living without the high cost and maintenance that typically goes with it.
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Our Executive Mortgage Banker:
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$278,000
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 | $222,400 | $222,400 | $222,400 |
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 | $312 | $312 | $312 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,480 | $1,478 | $1,907 |
Total Monthly Payment | $1,867 | $1,865 | $2,294 |
* 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.