Explore the allure of this recently built townhome at 54 Farm Way in South Burlington, Vermont, showcasing breathtaking vistas of Lake Champlain, Camel’s Hump, and the Adirondack Mountains, with convenient access to conserved land. These modern townhomes feature 9-foot ceilings, an attached garage, and a spacious unfinished basement with egress. The open concept first floor leads to a well-appointed kitchen with GE Cafe Appliances, quartz countertops, and custom tile backsplash. Upstairs, three bedrooms and two full bathrooms await with radiant heating. Central air conditioning ensures year-round comfort. Enjoy the convenience of a washer and dryer hookup on the top floor. Luxury vinyl plank flooring adds elegance throughout the home. Nestled in the South Village neighborhood off Spear Street, these townhomes are part of a traditional neighborhood development that seamlessly blends modern living with natural beauty. With over 7 miles of sidewalks and recreational paths nearby, residents can enjoy not only stunning views but also easy access to 117 acres of conserved land and an organic farm. Don't miss this exceptional opportunity to live in a sought-after area that combines new construction with unparalleled natural surroundings!
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,000
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 | $519,200 | $519,200 | $519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.125% | 5.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.273% | 5.278% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,282 | $3,155 | $4,106 |
Total Monthly Payment | $3,374 | $3,247 | $4,198 |
* 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.