48 Neal Gate St, Scituate, MA, 02066 | $2,480,000

Unique opportunity for contractors and discerning buyers! A conceptual plan for a 4 lot subdivision and perc tests have been completed by an engineer, plans are attached. Enjoy ever changing picturesque views of marsh and North River to the ocean beyond. Idyllic retreat parcel high a top "Captain’s Hill" includes approximately 4. 4 bucolic acres and grand home in need of renovation. Family owned for 70 years, don’t miss this once in a lifetime opportunity! Prime location with easy access to beaches and harbor with its shops, restaurants, marinas as well as the commuter rail.

Features

  • Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Style: Victorian, Antique
  • Year Built: 1875
  • Garage: 2-car Detached
  • Heating: Steam, Radiant, Oil
  • Cooling: None
  • Basement: Full, Interior Entry, Bulkhead, Concrete
  • Approx Sq. Feet: 2,600
  • Acreage: 4.44
  • Est. Taxes: $10,912
  • Lot Desc: Wooded, Cleared, Gentle Sloping, Level
  • View: Scenic View(s)
  • Appliances: Tankless Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
  • MLS#: 73165185
  • Website: https://www.raveis.com
    /mls/73165185/48nealgatest_scituate_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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MaryAnn.Devine@raveis.com

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Michael CartierVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1017266

508.335.8179

Michael.Cartier@raveis.com

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48 Neal Gate St, Scituate, MA, 02066

$2,480,000

Mary Ann Devine

Luxury Properties Specialist

William Raveis Real Estate

Phone: 781.820.3743

MaryAnn.Devine@raveis.com

Michael Cartier

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.335.8179

Michael.Cartier@raveis.com

NMLS Mortgage Loan Originator ID 1017266

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,984,000 $1,984,000 $1,984,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.481% 7.014% 6.915%
Monthly Tax Payment $909 $909 $909
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,216 $13,033 $17,557
Total Monthly Payment $13,250 $14,067 $18,591

* 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.