BACK ON MARKET! Here's your chance to move right in to this spectacular, spacious home in an amazing Colchester location, with a fantastic in-law apartment! With many recent improvements, including a brand new roof and water heater in 2024, as well as two new exterior decks, this home is ready for you to move in and make your own. In the main part of the house you'll find an entertainer's kitchen, huge dining and living rooms, three spacious bedrooms PLUS a den/office and 3 1/2 baths! Then head down to the 960 square foot walkout-level apartment with a full kitchen, living room, full bath, a bedroom and another large den/office/playroom. The apartment can be accessed from inside, or via a separate outside entrance. Need even more space? There is an additional ~1300 square feet of unfinished dry basement space for storage or. . . ? Nearly an acre of landscaped, partially-fenced yard gives you plenty of room for gardening, grilling, playing or just spreading out! Want to explore? Hop on to the bike path right from the house and be at Rosetti Natural Area (Thayer Beach!) in minutes, or bike up the Island Line Trail to South Hero or down to Burlington. By car, it's a 5 minute drive to Mallet's Bay or just 15 minutes to downtown Burlington, which puts you so close to all of the action, yet tucked away enough to enjoy peace and quiet. So many possibilities in this amazing move-in ready home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$679,000
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 | $543,200 | $543,200 | $543,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $717 | $717 | $717 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,389 | $3,301 | $4,293 |
Total Monthly Payment | $4,198 | $4,110 | $5,102 |
* 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.