Uncle Roberts Cove, just off Lewis Bay, is home to a five (5) bedroom (4) bath residence. With a commanding view of the Cove, this property is part of an exclusive and private enclave of homes on the outer reaches of an approximately 600 acre private peninsula called Great Island, complete with its idyllic ocean breezes and sunny seascape. The homes on the outer island enjoy their own private association. The ''Stone House, '' as it is known, is a key landmark of this property and was originally the Lighthouse Keeper's Cottage, built as part of the Point Gammon Lighthouse in 1816. The cottage was razed and reconstructed on Uncle Roberts Cove in 1900 (appx). Today it serves as a fireplaced great room, attached and complimenting the house and grounds. The outer island association amenities include private sandy beaches on Nantucket Sound, a 10 hole golf course, a beach club, clay tennis courts, playground, pickle ball courts and docks for boats, with unencumbered access to Nantucket Sound making group activities fun for all. Whether enjoying nautical vistas from the great room, or evening sunsets from Point Gammon; the unspoiled natural surroundings offer privacy and tranquility.
Type | Description | Dimensions |
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Living Room | Fireplace(s): Wood Burning,Flooring: Wood | 13 x 17.9 |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,396,000 | $2,396,000 | $2,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $1,161 | $1,161 | $1,161 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,365 | $15,540 | $20,872 |
Total Monthly Payment | $15,651 | $16,826 | $22,158 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.