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Welcome to this newly constructed townhome by Sheppard Custom Homes, ideally situated in the sought-after South Village neighborhood of South Burlington. This modern and thoughtfully designed townhome offers the perfect blend of style, comfort, and convenience. The open-concept main level is perfect for entertaining, with a spacious kitchen featuring a central island, stainless appliances and sleek granite counters. The kitchen flows seamlessly into the dining and living areas, creating a bright, inviting space for gatherings. The first-floor primary suite offers privacy and ease of living, complete with a walk-in tile shower. Upstairs, two additional well-sized bedrooms share a full bath, offering flexibility for family, guests, or a home office. An unfinished basement with egress provides the opportunity for future expansion, whether you’re looking to add more living space or customize it to suit your needs. Located near the Burlington Country Club, enjoy scenic views and the recreational benefits of one of the area’s premier golf courses. With easy access to local amenities, outdoor trails, and the vibrant heart of South Burlington, this townhome offers a fantastic balance of convenience and community. Don't miss the opportunity to make 262-1 Midland Avenue your new home in this beautiful, growing neighborhood.
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Our Executive Mortgage Banker:
Our Insurance Division:
$689,000
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 | $551,200 | $551,200 | $551,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,484 | $3,621 | $4,614 |
Total Monthly Payment | $3,576 | $3,713 | $4,706 |
* 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.