Presented byMaureen O'Malley |
Hill Section Oasis – A rare opportunity to own this four-bedroom, 2 bath, remodeled home on it’s large one plus acre Hill Section lot with subdivision possibilities. On the first floor, you will find the convenient primary bedroom with master bath, walk-in shower and double vanity. Lovely maple hardwood flooring all on lower level. Separate office for the remote worker and a comfy computer nook makes for a nice area for the kids to do homework. Sunroom adjacent to kitchen with wonderful views of large, private backyard. Enjoy the ambiance of the fireplace with wood stove insert in the living room on cool VT nights. An open floor plan is perfect for entertaining with a large dining area off the bright, sunny kitchen. Second floor features 3 large bedrooms, a windowed sitting area, and a deck with Adirondack views off the southern sleeping quarters. Completely rebuilt from the studs out including all electrical and plumbing. Newly designed and built roof. Brand new high efficiency boiler with 5 zones of baseboard hot water heat. This is truly a unique property. According to the zoning office, they would entertain 3 additional living units. Build your own family compound! Short distance from UVM Medical Center, Church Street, Burlington Country Club, Redstone Quarry, South Park for those outdoor enthusiasts.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
Sales Associate
William Raveis Real Estate
Phone: 617.755.5125
Maureen.OMalley@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 | $1,196,000 | $1,196,000 | $1,196,000 |
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 | $989 | $989 | $989 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,171 | $7,757 | $10,418 |
Total Monthly Payment | $8,285 | $8,871 | $11,532 |
* 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.