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Settle into this tastefully updated unit at Farmhouse Commons! This small and vibrant new community is centrally located in South Burlington by professional businesses, a network of medical offices, UVM, and lifestyle amenities. Unit 203 is a spacious first-floor flat with 2 bedrooms, a private entrance, balcony, gas fireplace, and open floor plan. The owner has taken great care to stylishly renovate the space over the last year with a new kitchen, hardwood flooring throughout, a washer & dryer, and many small details creating a warm and welcoming home. There's ample storage with many closets, a custom storage locker in the designated carport, and secure basement storage. Natural gas heat and hot water are INCLUDED in the monthly association dues. Option to buy this unit furnished. Furniture to be negotiated outside of closing. Farmhouse Commons is currently not at its rental cap. Location, ease of lifestyle, newer construction, tasteful updates, first-floor convenience, and a private entrance make this a property a must-see!
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Our Executive Mortgage Banker:
Our Insurance Division:
$369,000
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 | $295,200 | $295,200 | $295,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | $459 | $459 | $459 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,989 | $1,962 | $2,531 |
Total Monthly Payment | $2,523 | $2,496 | $3,065 |
* 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.