This stunning multi-level home, built in 2016, offers the perfect combination of modern comfort, prime location and a turn-key fully furnished income producing ADU (Accessory Dwelling Unit)! The main house has 4 bedrooms, 4 bathrooms and 3 levels of living space. On the 1st floor is an updated kitchen with quartz counters, stainless steel appliances, plenty of cabinetry, spacious walk-in pantry, 1/2 bath and access to a fantastic tree-house style balcony with IPE deck boards, glass railing panels and a wooded viewscape. Walk upstairs and the second level hosts the primary bedroom with ensuite bath, an additional bedroom, full bathroom, laundry room and a stunning 2nd living room with vaulted ceiling and bright and airy feel. The third level has two more bedrooms and a full bath. On the lowest level is the 1 bedroom, 1 bathroom apartment with its own separate entrance and private outdoor patio. Additional noteworthy features include a 2-car attached garage, mini splits for efficient heating/cooling and custom blinds. Nestled between downtown Burlington and Winooski, enjoy easy access to both vibrant areas for dining, shopping and entertainment. Less than a mile and w/in walking distance to The University of Vermont, Champlain College, the UVM Medical Center and convenient to I89 & BTV Airport. Whether you're looking for an investment opportunity or a multi-generational living space, this home offers endless potential in a highly sought-after Burlington location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$835,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $668,000 | $668,000 | $668,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | $1,184 | $1,184 | $1,184 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,793 | $4,113 | $5,547 |
Total Monthly Payment | $5,069 | $5,389 | $6,823 |
* 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.