Immaculate Ranch style home in one of the premier lots of the sought after South Village Neighborhood! An exquisite open concept floor plan that fills with natural light. Featuring three bedrooms including a first floor Owner’s Suite. Home boasts a modern kitchen, with new appliances and a kitchen island that’s perfect for entertaining. Within the open layout the fireplace creates a cozy living room ambiance. A full lower level with Egress Windows is available for a future custom finish. A yard with a patio backing up to a wooded area offers plenty of privacy. Residence also includes an oversized two-car garage, central air, washer & dryer and walk in closet space. Built by the national Green Build Standards by award winning Sterling Homes and located in Vermont’s first premier Agrihood with a thriving Community Farm Market & Community Supported Agriculture. All within minutes of Downtown Burlington amenities, University of Vermont Medical Center, Lake Champlain and the International Airport.
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Our Executive Mortgage Banker:
Our Insurance Division:
$819,000
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 | $655,200 | $655,200 | $655,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $971 | $971 | $971 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,669 | $3,981 | $5,397 |
Total Monthly Payment | $4,732 | $5,044 | $6,460 |
* 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.