Presented byJohn Turco |
Absolutely incredible opportunity to live in a spacious (over 2300SF!) three bedroom end unit w/ wrap around ocean & marina views - truly a rare offering! South facing w/ loads of natural sunlight throughout the day, this property is one of only a few in the entire association w/ a 40 foot private ocean / marina facing terrace, accessible via sliders from the living room. All rooms are spacious in this home, allowing for flexible use & layouts. Two large bedrooms each w/ en suite bathrooms, plus a perfectly located 1/2 bath for guests. Loads of storage & spacious closets, plus in unit private laundry room. Central air, direct access garage parking & one additional exterior space adjacent to the unit. Walk to Nahant Beach, take the ferry to downtown Boston, enjoy a bustling and revitalized downtown district. Get in now and capitalize on appreciation from future Lynn waterfront developments! Property functional, but value could be substantially improved with a cosmetic refresh.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Bathroom - Full, Closet, Flooring - Wall to Wall Carpet | 12.416666 x 16.416666 | First |
Dining Room | Flooring - Wood, Open Floorplan | 15.666666 x 32 | First |
Kitchen | Flooring - Stone/Ceramic Tile, Dining Area | 16.25 x 11.5 | First |
Living Room | Flooring - Wall to Wall Carpet, Balcony / Deck, Open Floorplan | 15.666666 x 21.75 | First |
Master Bedroom | Bathroom - Full, Closet, Flooring - Wall to Wall Carpet | 12.083333 x 16.416666 | First |
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$625,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 239.210.8888
John.Turco@raveis.com
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | $610 | $610 | $610 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,453 | $3,323 | $4,287 |
Total Monthly Payment | $4,155 | $4,025 | $4,989 |
* 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.