This well-maintained and gently-lived-in two-story, two-bedroom townhome is located in a prime South Burlington location. The galley style kitchen is updated with maple cabinets with soft-close drawers, black Corian countertops, and bamboo flooring. The townhome features a spacious living room with adjacent dining area. Upstairs are two spacious bedrooms, with the primary bedroom offering a large walk-in closet, unusual at this price point. The full bath is on this floor as well and has been updated with a newer vanity and ceramic flooring. Out back is wonderful green space with mature trees covering much of the open space. Town Square, located in the heart of South Burlington, offers three acres of expansive common space, community gardens, and carports with lockable storage space. The HOA fee covers water, sewer, trash, landscaping, and snow removal for low-maintenance living. The property is conveniently located close to schools, shopping, restaurants, parks, and the bike path. And just a short drive to downtown Burlington, I-89, and South Burlington’s City Center! Don't miss out on this move-in ready townhome that has the ability to be a rental.
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$265,000
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 | $212,000 | $212,000 | $212,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.841% | 7.159% | 6.538% |
Monthly Tax Payment | $273 | $273 | $273 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,410 | $1,409 | $1,818 |
Total Monthly Payment | $1,758 | $1,757 | $2,166 |
* 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.