For more information about the buyer selection process, please click here: How to Apply for Shared Equity
Pricing Details
Market Value: $400,000
CHT Investment: $190,000
Buyer’s Price: $210,000
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.
Home Description
Sweet 2 bedroom, 1 bath ranch style home conveniently located in the New North End. Featuring hardwood floors, a bright eat-in-kitchen, and full basement with a laundry area and lots of storage space. Large back deck overlooks the fenced in yard and garden shed. Detached one-car garage.
Close to area amenities, schools, parks, the bike path and Lake Champlain plus public transportation.
Estimated Monthly Costs
This estimate assumes a 30-year fixed rate loan for the buyer’s price at a 6.0% interest rate with no points. Actual payment may vary depending on the loan product for which the buyer or property qualify.
| Mortgage: | $1,259 |
| Taxes: | $320 |
| CHT Membership Fee: | $45 |
| Insurance: | $75 |
| Total per month: | $1,699 |
Property Features
- Year Built: 1956
- Style: Ranch
- Total Finished Sqft: 734
- Basement: Unfinished
- Garage: Yes
- Heat: Baseboard/ Natural Gas
- Water Heat: Rented $15/ Month-Natural Gas
- Sewer: City
- Water: City
- Appliances Included: Refrigerator, Stove, Dishwasher, Microwave, Washer, Dryer, Dehumidifier
- Washer and Dryer Hook-ups: Yes
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