New Year Special! A wonderfully updated Ranch in Burlington's South End with proximity to all amenities and employment of the Burlington Marketplace. Clean lines, and an inviting entry welcome you home. . . The owners have been busy since their purchase in 2022. The living room has refinished oak hardwood flooring and nice exposure and natural light. A functional floorplan with 5 rooms, 2 bedrooms and an contemporary bathroom. To the left you will find the upgraded kitchen with hardwood cabinetry, Subway tile, Granite counter tops, new lighting, flooring and upgraded appliances. The owners have expanded the floorplan to provide additional finished square footage including a vaulted dining area/ mixed use with access to the large deck and room to enter from the garage. Need additional square footage? It's only a staircase away in the lower level/ basement with finished living area, rec area, laundry and storage. There is upgraded electrical on both levels to accommodate the improvements and sewer backflow improvement. Showings begin on 01/11/2025, schedule your private or assisted showing today. The market for similar inventory is very limited and the Sellers are motivated to help transition their home to your Buyer!
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Our Executive Mortgage Banker:
Our Insurance Division:
$514,000
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 | $411,200 | $411,200 | $411,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $682 | $682 | $682 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,736 | $2,770 | $3,526 |
Total Monthly Payment | $3,510 | $3,544 | $4,300 |
* 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.