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Stylish and Spacious Townhome in Burlington's desirable Lake Forest Community. This 2-bedroom, 2-bathroom home has been thoughtfully remodeled throughout for elegant and functional living. The main floor has a large living room with a cozy gas fireplace and lovely windows backing up to wooded space. The beautiful light filled dining area is next to a sliding glass door leading to a peaceful patio. You'll love the gorgeous, modern kitchen with butcher block countertops and new stainless-steel appliances and cabinets. An updated half bathroom and beautiful wood floors pull the main floor together. At the top of the bright and open staircase you'll find a second floor with 2 beautiful bedrooms and excellent flex space, perfect for an office or workout room. The Primary Bedroom is voluminous with 2 nicely sized closets and ceiling fan. The 2nd bedroom is well proportioned and the upstairs Full Bathroom has also been nicely updated. A separate laundry room provides great storage. Attached garage downstairs for additional storage and convenience. Lake Forest is an exceptional community with mature landscaping throughout and oasis like pool. Amazing South End of Burlington location only steps to Oakledge Park, Burlington Bikepath, South End City Market, recreation, dining, arts and so much more. Close to UVM, UVM Medical Center, public transportation, Burlington International Airport and pedestrian and bike thoroughfares. This is a great spot take a look today! Showings start 3/29.
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.303% | 6.510% |
Monthly Tax Payment | $609 | $609 | $609 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,781 | $2,964 | $3,773 |
Total Monthly Payment | $3,482 | $3,665 | $4,474 |
* 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.