79 North Cove Road, Burlington, VT, 05408 | $395,000

Embrace lake life on Burlington's coveted cove off the Winooski river at the junction of Lake Champlain. 3-bedroom, 2-bath single-level property is a haven for water lovers & outdoor enthusiasts. Picture yourself launching canoes, kayaks, and small boats from your deeded water access, just steps from your front door. Large primary bedroom en-suite boasts a lovely handicap-accessible shower and separate bath/shower. Bedrooms are generously sized, with ample closet space. 2nd bath has elevated ceilings and skylight, allowing for a bright, calm atmosphere. Family room with cozy fireplace makes for a great game room or lounge. Recent upgrades include: new furnace, oil tank, chimney, auto garage doors, back deck for sunset watching, paint, and a welcoming front door/landing. Newer appliances and roof promise peace of mind, while the updated soft carpet flooring invites you to kick off your shoes and stay awhile. Spacious home, with tall ceilings and multiple living spaces, is highlighted by stunning knotty pine walls that bring the outdoors in. Private backyard lined with mature trees is your personal gateway, with biking trail just beyond. 2-car garage with electricity has 2nd floor loft providing storage & workshop space. Feel comfort while sipping coffee on the deck or embarking on a lakeside adventure. Only minutes to downtown Burlington, yet far enough to enjoy nature's splendor.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Style: Manuf/Mobile,Ranch
  • Year Built: 1991
  • Garage: 2-car Garage
  • Heating: Oil,Hot Air
  • Cooling: None
  • Basement: Crawl Space
  • Approx Sq. Feet: 1,782
  • Acreage: 0.29
  • Est. Taxes: $5,560
  • Lot Desc: Beach Access,Trail/Near Trail,Walking Trails,Near Paths
  • Elem. School: J. J. Flynn School
  • High School: Burlington High School
  • MLS#: 5003659
  • Website: https://www.raveis.com
    /prop/5003659/79northcoveroad_burlington_vt?source=qrflyer
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Listing courtesy of Sherwood Real Estate   Phone: 802-782-0821
Listing Agent: Tami Lantz

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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79 North Cove Road, Burlington, VT, 05408

$395,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

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 $316,000 $316,000 $316,000
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 $463 $463 $463
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,102 $2,100 $2,709
Total Monthly Payment $2,640 $2,638 $3,247

* 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.