Pricing Details
Market Value: $226,000
CHT Investment: $76,000
Buyer’s Price: $150,000
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
Rare opportunity to purchase at Burlington CoHousing at East Village! This 1 bedroom, 1 bath flat is a corner unit on the main level of the building with an assigned parking space. Wide open kitchen, dining and living area with windows lining the walls and wood floors. Several closets throughout plus individual storage in the basement. Heat and hot water are included in the association dues.
Buying at “BCOHO” means joining a community where owners serve on committees and participate in common meals. Amenities include organic and pollinator gardens, rooftop deck, fitness room, shared laundry, and more. Amazing location bordering Centennial Woods, close to downtown Burlington, UVMMC and UVM.
Please review Burlington CoHousing’s website at www.bcoho.org and review the attached documents below regarding the expectations of a buyer of this home. We highly encourage you sign up for a tour of the community and meet with some of the members before deciding to purchase here.
Estimated Monthly Costs
This estimate assumes a 30-year fixed rate loan for the buyer’s price at a 6.5% interest rate with no points. Actual payment may vary depending on the loan product for which the buyer or property qualify.
| Mortgage: | $948 |
| Taxes: | $293 |
| Homeowner Association Fee: | $344 |
| CHT Membership Fee: | $45 |
| Insurance: | $20 |
| Total per month: | $1,650 |
Property Features
- Year Built: 2007
- Style: Flat
- Total Finished Sqft: 676
- Basement: None
- Garage: One outside space
- Heat: Hot Water Baseboard - Natural Gas
- Water Heat: Natural Gas -HOA
- Sewer: Public
- Water: Public
- Appliances Included: Refrigerator, Electric Stove, and Dishwasher, Microwave
- Washer and Dryer Hook-ups: Shared Laundry
- Homeowners Association: Burlington CoHousing
- # of Units in HOA: 32
- Dues Include: Exterior maintenance + snow & trash removal + water & sewer + Heat and Hot Water
- Pet Policy: Pets allowed
Virtual Tour
Location
Attachments
Next Steps