You’ll love the location of this two-level Burlington townhome situated within blocks of downtown Burlington, Battery Park, and Lake Champlain. This 2-bedroom, 1-bath condo features an open floor plan on the main level highlighted by hardwood floors. The living room with mini-split heat pump offering both heat and AC, flows nicely into the kitchen and dining area. Off the dining area is a new deck perfect for entertaining. Two nicely sized bedrooms are upstairs, one of the bedrooms features a loft with 3 windows letting in extra light. The full bath with a newer toilet is conveniently located on this level as well. This townhome boasts a full basement with laundry, workout area, and plenty of storage space. Several upgrades including all new windows (except two), new patio slider, new entryway door & storm door, new mini split heat pump, new dishwasher & microwave, newer heat pump hot water heater, Nest thermostat, new roof in 2021, and even the boiler was replaced in the last few years. Park Place Condominiums are tucked back from a one-way street and offer assigned off-street parking with additional visitor parking available.
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Our Executive Mortgage Banker:
Our Insurance Division:
$315,000
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 | $252,000 | $252,000 | $252,000 |
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 | $457 | $457 | $457 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,677 | $1,675 | $2,161 |
Total Monthly Payment | $2,209 | $2,207 | $2,693 |
* 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.