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Are you looking to add a little Magic to your life? Then, this is the place for you! Located just off the base area of Vermont’s beloved Magic Mountain in Londonderry, this small, welcoming condo development has just 6 units and embodies the spirit of its nearby mountain with a closeknit and friendly community. Walk to the lifts and ski home in the winter months, wander over to the base area for food and entertainment (winter and summer), marvel at the best July 4th fireworks in town, and enjoy a great variety of local music on the deck during the warmer months. The 4BR/2BA end-unit condo is on three levels with the kitchen, dining area and living room on the main level; two bedrooms (one with a loft) and a bathroom upstairs; and two more bedrooms, a bathroom and small mudroom/entry area on the lower level. The living room features a corner-style wood-burning fireplace and vaulted ceilings and there is access to a small private deck with all-day sun and western views towards over a neighboring pond with Bromley Mountain in the distance. Just a mile or so down the road is Lowell Lake - a local favorite, located just a mile or so away, with its delightful walking trails and flat-water kayaking and canoeing. What cements the deal here is proximity to all-season recreation and a vibrant and active local scene. Please note that this unit needs some work (cosmetic) and updating, but any investment will be well rewarded as you reap the joy of being a part of the Magic community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,000
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 |
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Loan Amount | $239,200 | $239,200 | $239,200 |
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 | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $300 | $300 | $300 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,512 | $1,571 | $2,002 |
Total Monthly Payment | $1,887 | $1,946 | $2,377 |
* 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.