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Stratos is a young (2014) and sophisticated non-smoking building in the heart of downtown Burlington. It is secure, with automatic garage doors and security doors from the sidewalk and all common areas, ensuring peace of mind. Ride the elevator from your deeded underground parking space to the top floor, or step out onto St. Paul Street where all of Burlington’s amenities are mere steps or a bike ride away. Your favorite restaurant or coffee shop is close, as is access to UVM, Church Street Marketplace, waterfront, etc. This top floor South-West corner penthouse comes alive the moment you enter, offering heart stopping views from Shelburne Bay to the far stretches of the Adirondacks, overlooking city rooftops and the magnificence of Lake Champlain. Hardwood floors grace all rooms, with the exception of the carpeted primary bedroom suite with private tiled full bath. A two head mini-split provides air conditioning when it’s needed. Two balconies beckon your attention to watch the sun set every night, taking in the best view in town. A parking spot is designated for bicycles as a shared amenity in the garage, and a secure 11. 5 x 4 storage locker next door keeps you clutter free. HOA fee includes heat, water/sewer, trash/recycling, building maintenance, master insurance, etc. Unit may be rented, 12 month lease. A true destination for a premiere downtown urban lifestyle experience, 365 days per year.
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:
$689,900
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 | $551,920 | $551,920 | $551,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $878 | $878 | $878 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,489 | $3,626 | $4,620 |
Total Monthly Payment | $4,459 | $4,596 | $5,590 |
* 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.