Falcons 2 Option A Route, #Falcons 2, Option A, Cambridge, VT, 05464 | $55,000

**Exciting Falcons Time Share Ownership Opportunity!** Located at Smuggler’s Notch Resort. Seize this incredible chance to own a family share unit that offers 16 deeded weeks each year, with 4 weeks in every season. Enjoy 4 rotating weeks in both Fall and Spring, along with 3 prime summer weeks—the last two weeks of July and the first week of August. Plus, take advantage of 5 prime skiing weeks, typically spanning February and the first week of March! Located in a ski-in/ski-out condo, this property grants you easy access to winter fun, and the resort offers significantly discounted ski passes. The fully furnished 2-bedroom, 2-bathroom condo features direct access to a relaxing hot tub, perfect for unwinding after a day on the slopes. As an owner, you’ll benefit from discounted skiing, summer camps, and the option to generate rental income through our income-sharing rental program. Unit 2 already has over $5, 000 in booked rental income, giving you the flexibility to keep these rentals or cancel them for your own personal enjoyment. Just steps away, you'll find a newly refurbished hot tub, exclusively available for Falcon’s owners and their guests. Additionally, enjoy access to a workout room, owner’s storage, and the fantastic West Hill Community Center, featuring an outdoor heated pool, gym, locker room, and lounge/game room. With so many fantastic amenities, income potential, and unparalleled convenience at Smuggler’s Notch, this opportunity is truly exceptional.

Features

  • Parking: On-Site
  • Heating: Baseboard,Gas Heater
  • Cooling: Wall AC Units
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: Falcons
  • Year Built: 2001
  • Approx Sq. Feet: 1,100
  • Lot Desc: Condo Development,Country Setting,Mountain View,Sidewalks,Ski Area,Ski Trailside,Walking Trails
  • MLS#: 5022327
  • Website: https://www.raveis.com
    /prop/5022327/falcons2optionaroute_cambridge_vt?source=qrflyer
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Listing courtesy of BHHS Vermont Realty Group/Morrisville-Stowe   Phone: 802-888-0021
Listing Agent: Helena Woodruff

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NMLS Mortgage Loan Originator ID 793093

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Falcons 2 Option A Route, #Falcons 2, Option A, Cambridge, VT, 05464

$55,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

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 $44,000 $44,000 $44,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.582% 7.159% 6.518%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $300 $292 $377
Total Monthly Payment $375 $367 $452

* 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.