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This beautiful Victorian in Burlington’s Hill section has been lovingly cared for with numerous tasteful updates over the years. As you approach the home, the lovely wrap-around porch has been extended in the back with an expansive deck to allow for a grilling area and let natural light flow into the kitchen. Inside the front entry, the gracious staircase hides a charming guest bath. As you wander through the first floor with wide hallways and nine foot ceilings, you’ll appreciate that the front rooms have been opened up for a more functional living space. The kitchen was enlarged and updated with a wall of windows overlooking the backyard and gardens. With three floors of living space, this five bedroom home has plenty of space for family and friends, an in-home office, exercise space, etc. Improvements and upgrades include electrical wiring, plumbing, bathrooms, second floor laundry, and additional insulation. The basement offers a work space and has outside access under the back deck. Live on one of Burlington’s most charming streets with immediate proximity to the hospital, downtown, and UVM. Open house Sunday June 23 1-3pm.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.486% | 6.307% |
Monthly Tax Payment | $1,225 | $1,225 | $1,225 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,435 | $4,741 | $6,465 |
Total Monthly Payment | $5,752 | $6,058 | $7,782 |
* 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.