5 Bayes Hill Circle, Oak Bluffs, MA, 02557 | $1,675,000

Beautiful Bayes Hill Association! This nicely maintained 4 bedroom colonial-style home, located on a quiet cul-de-sac, is the perfect blend of comfort and charm. A new Red Cedar Shingle Roof, a newer high-efficiency furnace, newer state-of-the-art 75-gallon hot water heater, central air conditioning, 2 car garage and a freshly painted exterior this residence combines modern conveniences with timeless elegance. An idyllic covered porch invites you into the home. The heart of the home is undoubtedly the kitchen, which opens to a second living area adorned with a charming wood-burning fireplace--ideal for chilly Vineyard evenings. Just off the kitchen, the deck overlooks a beautifully manicured backyard and a private wooded area, providing a serene backdrop for outdoor gatherings, birdwatching, or simply unwinding. A convenient first-floor laundry room leads out to the 2 car-garage. The second level features a spacious primary bedroom with en suite bath, ample closets, and an attached home office. Three more bedrooms and a shared bath complete the second floor. The finished basement, not included in the square footage, adds an extra layer of versatility, offering a cozy retreat for movie nights, a workout area or a game of pool. (Pool table is included with the sale) Residents of Bayes Hill enjoy access to the association's tennis and pickleball court, and with southern woodland trails right at your doorstep, outdoor adventures await! As a delightful bonus, the sellers are including a 2008 BMW Convertiblea perfect Island car to cruise the picturesque roads of Martha's Vineyard!

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Laundry: Laundry Room, First Floor
  • Style: Colonial
  • Year Built: 1997
  • Garage: 2-car
  • Cooling: Central Air
  • Basement: Bulkhead Access, Interior Entry
  • Approx Sq. Feet: 2,855
  • Acreage: 1.02
  • Est. Taxes: $7,677
  • HOA Fee: $800 Annually
  • Lot Desc: Conservation Area, School, Medical Facility, House of Worship, Near Golf Course, Shopping, Public Tennis, Horse Trail, Level, Cul-De-Sac
  • School District: Martha's Vineyard
  • Appliances: Dishwasher, Washer, Gas Range, Electric Dryer, Electric Water Heater
  • MLS#: 22502540
  • Website: https://www.raveis.com
    /eprop/22502540/5bayeshillcircle_oakbluffs_ma?source=qrflyer
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Room Information

Type DescriptionDimensionsLevel
Bedroom 2 14.0 x 33.0Second
Bedroom 3 14.0 x 33.0Second
Bedroom 4 14.0 x 33.0Second
Dining Room Flooring: Wood14.0 x 33.0First
Kitchen 14.0 x 33.0First
Living Room Fireplace(s): Gas,Flooring: Wood14.0 x 33.0First
Master Bedroom Flooring: Carpet14.0 x 33.0Second

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Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

Our Executive Mortgage Banker:

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978-337-3053

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Our Insurance Division:

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5 Bayes Hill Circle, Oak Bluffs, MA, 02557

$1,675,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

RVP, 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 $1,340,000 $1,340,000 $1,340,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.048% 5.984% 5.806%
Monthly Tax Payment $640 $640 $640
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,193 $7,927 $11,038
Total Monthly Payment $7,958 $8,692 $11,803

* 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.