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Renovations have been started on this cozy South Burlington Ranch, outfitted with newer vinyl siding, exterior doors, and roof shingles. This is your opportunity to take it to the next level. This 1950’s home is heated by the Hearthstone natural gas stove set on a tiled hearth in the living room. This room boasts abundant natural light through the bay window. A corner cupboard adorns the fully-applianced kitchen with tile floor. Around the corner is the utility room encompassing a full-size washer/dryer along with the electric hot water tank and access to the attic storage. A nature’s haven can be enjoyed from the rear deck overlooking the fenced yard with garden sheds and a flowing lawn. Heading back inside, there are three bedrooms and a full bathroom located off the hall. Vinyl plank flooring covers most of the living area for easy cleaning and enjoyment. Conveniently located near the Burlington International Airport, minutes to UVM, the Medical Center, shopping, and I-89. Seller is a licensed Florida real estate agent. Purchaser(s) to agree to participate in Sellers' IRS Code 1031 like kind exchange at no additional cost to Purchaser(s). Property being sold in "As-Is" condition.
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Our Executive Mortgage Banker:
Our Insurance Division:
$335,000
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 | $268,000 | $268,000 | $268,000 |
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% | 6.518% |
Monthly Tax Payment | $300 | $300 | $300 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,783 | $1,781 | $2,298 |
Total Monthly Payment | $2,158 | $2,156 | $2,673 |
* 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.