For more information about the buyer selection process, please click here: How to Apply for Shared Equity
Enter Buyers Selection!
Pricing Details
Market Value: $391,000
CHT Investment: $166,000
Buyer’s Price: $225,000
The market value is the value of the home if it were sold in the traditional market. CHT has an investment in the home which brings the price that the buyer will have to pay down to the listed Buyer’s Price.
Description
Sweet 2 bedroom, 1 bath farmhouse with charming details like wainscotting, rosette accented window casings, wood floors, and more. Enclosed front porch leads into the main level with its eat-in-kitchen, living and family rooms, full bath, and laundry room. Both bedrooms are located upstairs.
The covered back porch leads to 2-off street parking spaces, a garden shed and a beautifully landscaped back yard. Convenient to area amenities, UVMMC, area colleges, downtown Burlington and Interstate 89.
Estimated Monthly Costs
This estimate assumes a 30-year fixed rate loan for the buyer’s price at a 6.25% interest rate with no points. Actual payment may vary depending on the loan product for which the buyer or property qualify.
| Mortgage: | $1,385 |
| Taxes: | $351 |
| CHT Membership Fee: | $45 |
| Insurance: | $75 |
| Total per month: | $1,856 |
Property Features
- Year Built: 1901
- Style: Farm House
- Total Finished Sqft: 873
- Basement: Unfinished
- Garage: No
- Heat: Forced Air/Natural Gas
- Water Heat: Natural Gas
- Sewer: City
- Water: City
- Appliances Included: Stove, Refrigerator, Washer and Dryer
- Washer and Dryer Hook-ups: Yes
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