Welcome to this delightful 3-bedroom, 1-bath ranch home, nestled in the New North End of Burlington. With a blend of modern updates and timeless charm, this home is move-in ready! Key features include a new furnace in 2018, central air conditioning, and refinished hardwood floors that add warmth and elegance throughout. The fully insulated and weatherized home (through the Vermont Gas program) also boasts an updated electrical panel, solid wood doors, many new energy-efficient windows, an on-demand hot water system and has undergone a full lead abatement with the Burlington lead program. The beautifully remodeled kitchen shines with mostly new appliances, ceramic tile flooring, and a unique backsplash featuring hand-crafted tiles by local artist Janice Walrafen—bringing a touch of local charm into your cooking space. Additional highlights include a dry basement with washer/dryer, bonus space full of potential, and ample storage. Outside, the one-car detached garage and fully fenced backyard provide convenience and privacy. The yard is a gardener’s dream with established gardens, fruit bushes, and even a chicken coop. Located just a block from Lake Champlain and the bike path, this home offers easy access to Burlington’s best outdoor amenities. Commuters will love the quick access to the beltline, nearby shopping, and bus lines. This is a must-see home in an unbeatable location—don’t miss out on making it yours!
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
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 | $340,000 | $340,000 | $340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.879% | 7.159% | 6.276% |
Monthly Tax Payment | $600 | $600 | $600 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,348 | $2,260 | $2,867 |
Total Monthly Payment | $3,023 | $2,935 | $3,542 |
* 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.