3131 Palmer Drive
Palmer, Burlington
$1,124,990
Family friendly home in popular Palmer subdivision. Possible in-law set up with separate entrance. Three levels above grade and almost 2400 sq.ft. of finished living space. Carpet free home! Extra large family room with fireplace and patio doors to the rear yard. Hardwood flooring in the bedrooms, living room and dining room. Updated bathrooms. Updated lower levels. Tons of storage room. A must see on your tour. Flexible closing date.
No extras listed.
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| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,188 |
| Lot Size | 55.12 ft x 100.29 ft |
| mls© Number | W13770034 |
| Listed By | CASORA REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,758
- Property tax
- $432
- Heat allowance
- $150
- Housing costs
- $6,341 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$195,000
gross annual household income
- Payment at 4%
- $4,734 / mo
- Cash down
- $224,998
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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