Truly one of a kind, this home has been extensively renovated, creating wonderful, warm living and entertainment spaces throughout its interior and exterior – all while taking advantage of the views and spectacular sunsets over the harbor. From the incredible kitchen (with two 6 burner Wolfe stoves, pleasing the most discriminating of chefs), to the spacious master suite with balcony, you will appreciate the quality of the work and the livability of the home. While designed to easily accommodate large gatherings the home exudes charm and comfort, perfect for intimate get-togethers as well. The 3 additional bedrooms and the roomy family room with adjacent full bath offers wonderful additional space, a media room or even a first-floor bedroom/guest room. The outdoor spaces feature multiple patios and decks, fenced in area and professional landscaping. There is plenty of parking and a 2-car garage. Located in the Cliffs/Wyman Cove area, this home offers the ultimate in Marblehead living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,596,000 | $1,596,000 | $1,596,000 |
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 | $873 | $873 | $873 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,569 | $10,352 | $13,903 |
Total Monthly Payment | $10,567 | $11,350 | $14,901 |
* 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.