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Set on 1. 23 acres of private waterfront looking out to Nahant’s iconic Egg Rock, this historic estate was built ca. 1890 by well-known builder Joseph T. Wilson, who constructed many of the North Shore’s grandest homes during the late 1800’s era of ‘summer cottages. ’ The grandeur of the original mansion remains intact, its spectacular architecture and rich period detail preserved while incorporating 21st century updates to create a luxurious seaside compound. With eight bedrooms, six full and two half bathrooms, and 8, 947 sf of living space on three levels, including a two and a half story great room opening to the oceanfront terrace and grounds, plaster ceilings with ornate medallions, tall Palladian windows, and elaborate woodwork throughout, this residence is built to a standard of craftsmanship and scale rarely found today. Ideally located 20 minutes from Logan Airport and downtown Boston, easily accessible to highways and commuter rail, this is an extraordinary property.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 2 | Bathroom - Full, Flooring - Hardwood, Lighting - Pendant, Decorative Molding | 11.0 x 21.1 | First |
| Bedroom 3 | Fireplace, Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors, Decorative Molding | 18.7 x 21.6 | Second |
| Bedroom 4 | Closet, Flooring - Hardwood, Lighting - Overhead | 14.9 x 8.4 | Second |
| Dining Room | Flooring - Hardwood, Crown Molding, Decorative Molding | 17.0 x 21.6 | First |
| Kitchen | Closet/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Upgraded, French Doors, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances, Pot Filler Faucet, Lighting - Pendant, Crown Molding, Decorative Molding | 20.2 x 13.5 | First |
| Living Room | Flooring - Hardwood, Lighting - Pendant, Crown Molding, Decorative Molding | 18.8 x 16.9 | First |
| Master Bedroom | Bathroom - Full, Walk-In Closet(s), Flooring - Wood, Decorative Molding | 18.8 x 19.2 | Second |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $5,200,000 | $5,200,000 | $5,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.031% | 5.846% |
| Monthly Tax Payment | $3,105 | $3,105 | $3,105 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $28,715 | $30,760 | $42,834 |
| Total Monthly Payment | $31,945 | $33,990 | $46,064 |
* 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.