Discover this premium corner-unit nestled in the heart of Downtown Burlington! This two bedroom and two baths condo is situated on the third floor of the sought-out Gallery House. The bright, south-facing living area features large windows that showcase picturesque views of the historic Fletcher Free Library, enhancing the space's appeal. This modern unit offers an updated kitchen with stainless steel appliances, pantry storage, and a breakfast bar ideal for morning coffee or a quick meal. The primary suite offers a generous closet & a refinished bath complete with a glass shower. The large second bedroom at the end of the hall has space for guests and a home office. Newer energy-efficient mini-split heat pumps provide heating and cooling. The building features a mail/package lobby, elevator, enhanced security, and convenient free laundry facilities on every floor. You'll also enjoy the convenience of a large personal storage unit in the basement, dedicated underground parking space, and access to shared bike and gear storage. Conveniently located near Church Street, The Flynn Theater, City Market and a variety of excellent restaurants. Experience the vibrant energy of downtown Burlington while enjoying both comfort and style!
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Our Executive Mortgage Banker:
Our Insurance Division:
$415,000
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 | $332,000 | $332,000 | $332,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $844 | $844 | $844 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,209 | $2,207 | $2,847 |
Total Monthly Payment | $3,128 | $3,126 | $3,766 |
* 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.