For more information about the buyer selection process, please click here: How to Apply for Shared Equity
Pricing Details
Market Value: $275,000
CHT Investment: $107,000
Buyer’s Price: $168,000
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
This Colchester home features a spacious open floor plan with lots of natural light. It includes two good-sized bedrooms and one full bath. There is a back patio for outdoor enjoyment.
Conveniently located right off Route 15 by Saint Michael’s College and Fort Ethan Allen. This neighborhood offers quick access to I-89, the bus line, as well as dining and shopping areas.
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: | $1,007 |
| Taxes: | $214 |
| Homeowner Association Fee: | $200 |
| CHT Membership Fee: | $45 |
| Insurance: | $25 |
| Total per month: | $1,491 |
Property Features
- Year Built: 1992
- Style: Condominium
- Total Finished Sqft: 960
- Garage: No- Off Street Parking
- Heat: Baseboard Hot Water - Natural Gas
- Water Heat: Natural Gas
- Sewer: Public
- Water: Public
- Appliances Included: Refrigerator, Gas Stove, Dishwasher, Microwave, Washer and Dryer
- Washer and Dryer Hook-ups: Yes
- Homeowners Association: Coolidge Court Condominium Association
- # of Units in HOA: 18
- Dues Include: Exterior Maintenance, Yard Maintenance, Trash, Snow Removal
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