Nestled in the tranquil north end of Burlington, this exquisite 5-bedroom, 4. 5-bathroom new construction home offers the perfect blend of modern luxury and serene living. Built in 2022 on the site of a beloved grandparents' home, this residence exudes a warm and inviting atmosphere. Enjoy local beach access and proximity to the bike path, while still basking in the privacy of a secluded retreat. Step inside to discover an open-concept living space, complete with a screened-in back porch, ideal for entertaining guests. The gourmet kitchen boasts stainless steel appliances, ample counter space, and a large island. The master bedroom on the ground floor features an en-suite bathroom with a washer and dryer for added convenience. Upstairs, you'll find four additional bedrooms, two sharing a Jack-and-Jill bathroom and the other two master bedrooms with their own en-suites. A spacious unfinished basement offers endless possibilities for customization or storage. With central air conditioning and a quiet, country-like setting just a short drive from downtown Burlington, this home is a true gem. The spacious screened in back porch is the perfect place for outdoor dining in the summer. Don't miss this opportunity to own a piece of paradise!
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Our Executive Mortgage Banker:
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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 | $575,920 | $575,920 | $575,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.490% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.681% | 6.678% | 6.034% |
Monthly Tax Payment | $1,176 | $1,176 | $1,176 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,929 | $3,636 | $4,783 |
Total Monthly Payment | $5,197 | $4,904 | $6,051 |
* 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.