Discover your next home with this charming townhouse in a sought-after South Burlington neighborhood. The property features three finished levels, with 3+ bedrooms and a bathroom on each floor. The walkout basement includes an additional potential bedroom and separate living area. The first floor is ideal for hosting with a spacious living room and dining area. From this main living room you can step right onto your private deck to soak in the surrounding tranquility the development offers. Property includes a carport and additional parking space. Enjoy the perks of community living with access to the association in-ground pool, ideal for relaxation and recreation. Situated right off Spear Street, close to the picturesque bike path, Farrell Park, Overlook Park, shopping centers, and downtown Burlington, this location caters to both outdoor enthusiasts and city dwellers alike. Don’t miss out on this amazing opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$365,000
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 | $292,000 | $292,000 | $292,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $395 | $395 | $395 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,992 | $1,967 | $2,504 |
Total Monthly Payment | $2,462 | $2,437 | $2,974 |
* 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.