Apply by Wednesday, January 15, 2025 at 5:00 PM to be part of the buyer selection for this home.
For more information about the buyer selection process, please click here: How to Apply for Shared Equity
Pricing Details
Market Value: $475,000
CHT Investment: $306,000
Buyer’s Price: $169,000
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
Check out this brand new 2-bedroom, 2.5-bathroom townhome in Shelburne. The 9-foot ceilings and oversized windows bring in lots of natural light. The kitchen boasts stainless steel appliances and a large island. The open floor plan is ideal for hosting gatherings. Each bedroom has its own attached bathroom. Additionally, each home will be equipped with electric heating and air conditioning. A solar panel system serves the neighborhood to help offset costs. The garage allows for two cars to be parked front to back.
Conveniently situated near shops, restaurants, and the bus line with several hiking trails nearby, including Shelburne Bay and Shelburne Farms.
Estimated Monthly Costs
This estimate assumes a 30-year fixed rate loan for the buyer’s price at a 6.75% interest rate with no points. Actual payment may vary depending on the loan product for which the buyer or property qualify.
| Mortgage: | $1,096 |
| Taxes: | $590 |
| Homeowner Association Fee: | $320 |
| CHT Membership Fee: | $45 |
| Insurance: | $20 |
| Total per month: | $2,071 |
Property Features
- Year Built: 2025
- Style: Condominium
- Total Finished Sqft: 1,360
- Garage: Yes—2 Car Tandem Parking
- Heat: Electric
- Water Heat: Electric
- Sewer: City
- Water: City
- Appliances Included: Refrigerator, Stove, Dishwasher, Microwave
- Washer and Dryer Hook-ups: Yes
- Homeowners Association: Bay Ridge Condo Association
- # of Units in HOA: 28
- Dues Include: Building Maintenance, Yard Maintenance, Snow Removal, Trash and Recycling
Location
Attachments
Next Steps