Welcome to 48 Richmond Drive in the Longmeadow neighborhood of Shelburne Village! This delightful property features 3 bedrooms plus a versatile den, all set within a large private yard—perfect for outdoor enjoyment. Step inside to an open and airy living room, highlighted by a picture window and a cozy fireplace. The separate dining area flows seamlessly into a warm kitchen, complete with custom cabinetry and an inviting eat-in breakfast island. Enjoy your morning coffee while soaking in the views of nature and the vibrant changing leaves. The first level includes three comfortable bedrooms, featuring a primary suite with a spacious closet and an en suite bath for added convenience. The lower level offers an additional family room, a den or office space, spacious 3/4 bath, and a workshop, all with access to the attached 2-car garage. Recent improvements, including a new roof and water heater, ensure peace of mind. With close proximity to downtown Burlington and UVM Medical Center, you’ll enjoy the perfect blend of convenience and community. Explore the charming shops and restaurants in town, visit the Sunday Farmers Market, or take a scenic hike by Shelburne Bay.
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Our Executive Mortgage Banker:
Our Insurance Division:
$479,000
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 | $383,200 | $383,200 | $383,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $458 | $458 | $458 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,614 | $2,547 | $3,286 |
Total Monthly Payment | $3,147 | $3,080 | $3,819 |
* 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.