Single-level first-floor living offering potential for building equity once some improvements have been made. Come see this 2-bedroom, 1-bath flat with a back patio and detached carport in a convenient neighborhood, minutes from numerous shopping, dining, and entertainment options, the bus line, and South Burlington's Recreation Path. Entryway with a large coat closet and side-by-side laundry brings you into the home. Continue into the living room with beautiful natural tongue and groove wood paneling and glass slider out to your own private patio overlooking a beautiful wooded area. The dining space houses the Rinnai heater, corner wall cabinet, and connects to the kitchen. The bathroom has a roll-in shower and large linen closet. Two large bedrooms, both with nicely sized closets and plenty of wall space for your bed, dressers, bookcases, or desk. Amenities include economical natural gas heat, backup electric heat, 2 storage closets (one outside the unit entrance and a 2nd at the back of the carport), and 2 cars are allowed per unit. Monthly fee of $271 includes water, sewer, snow removal, trash & recycling, and landscaping, plus access to HOA maintained pool, community gardens, and tennis courts. Service dog and one indoor cat are allowed. Bring your renovation ideas and budget to create your dream condo! Open house Saturday 9/14 11am-1pm.
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Our Executive Mortgage Banker:
Our Insurance Division:
$269,000
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 | $215,200 | $215,200 | $215,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $316 | $316 | $316 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,308 | $1,308 | $1,701 |
Total Monthly Payment | $1,699 | $1,699 | $2,092 |
* 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.