Spectacular 4 bedroom contemporary cape with protected lake views in great South Burlington neighborhood. Come relax on screened front porch to watch westerly sunsets and neighbors pass by. Updated eat in kitchen with beautiful granite island and countertops complimented by warm cherry cabinets and birch hardwood floors. Living room offers view of Lake Champlain as well as wood fireplace to gather by. Primary suite with large walk in closet anchors the first floor which also boasts an office and laundry room. Upstairs you’ll find a generous sized family room centered on a window looking at the lake. Three additional bedrooms plus a bonus room offer room for families, guests, hobbies and relaxing. Watch awesome sunsets from your front yard or stay inside in the air-conditioned space. Extra room in basement for storage and exercise. Shed offers storage in addition to 2 car garage. Location can’t be beat with proximity to lake, amenities, great schools, and more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$975,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $962 | $962 | $962 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,676 | $5,059 | $6,795 |
Total Monthly Payment | $5,730 | $6,113 | $7,849 |
* 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.