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Presented by![]() Pamela Kelly |
The Marina at the Retreat Meadows is an 11-acre waterfront mix of residential, office, recreation, restaurant, and service businesses located at the confluence of the Connecticut and West Rivers in Brattleboro, Vermont. It is an easy walk to the quaint downtown. The complex of 6 income-producing buildings, a total of 66, 000 sq. ft. of rented space, sits calmly amongst kayaking, birding, fishing, skating, and abundant wildlife. This community resource is an outdoor recreation and wildlife center that hosts the Southern Vt. West River Rail Trailhead, a community sculling boat program, and public guest docks. Developed over some 30 years by the current owner, the micro neighborhood has seen many upgrades, including, in 2012, the 1. 5 million dollar rebuilding of one of Vermont's largest restaurants, The Marina. A 320-seat establishment, The Marina is an anchor tenant sitting directly on the water, boasting stunning views of the Retreat Meadows. Sunset often finds guests crowding the waterfront decks to catch the vibrant colors of the sky as they settle over the wetlands. In addition to the restaurant, the complex hosts offices, newly renovated residential apartments, a 40-boat slip marina, public kayak launch facilities, and various businesses that include such diverse enterprises as a spa, yoga/wellness center, radio station, and solar installation company. The complex currently has a total of 22 tenants.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,690,000
Licensed Salesperson, REALTOR
William Raveis Real Estate
Phone: 781.626.3866
Pamela.Kelly@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.944.8218
Bob.Flynn@raveis.com
NMLS Mortgage Loan Originator ID 6314
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $5,352,000 | $5,352,000 | $5,352,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.637% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $30,809 | $33,828 | $45,525 |
Total Monthly Payment | $30,934 | $33,953 | $45,650 |
* 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.