Rare opportunity to build your dream home on 2+ waterfront acres in prime Northshore location. City approvals and plans are in-hand for a new build which includes a 4,600+ sq. ft. primary residence and the ability to preserve 1,300 sq. ft. of existing home as a beach cabana. Located in the private, Paine Avenue enclave in Prides Crossing, this property enjoys an unparalleled level of privacy with RockMarge Estate to the west and 18 acres of conservation land to the east and dramatic 180-degree vistas of Manchester-by-the-Sea, Marblehead, Salem Sound to Misery and beyond.
Lot Description:
Easements, Flood Plain, Wetlands, Marsh, Other
View Description:
Scenic View(s)
Amenities:
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, Other
68 Paine Ave, Beverly, MA, 01915
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
