16 Sarah's Way, Peabody, MA, 01960 | $950,000

Beautiful custom-built 3BR/3BA ranch set in picturesque neighborhood of well-maintained homes. Located on quiet cul-de-sac offering exceptional curb appeal. Oversized lot with a wooded backdrop provides wonderful privacy. Enjoy nearby shopping, restaurants, parks, walking trails, & easy access to highway. Large eat-in kitchen with skylight, granite counters, & center island, & opens to flexible bonus room perfect for den/playroom/home office with sliders leading to deck & yard. Formal dining room & living room with gas fireplace, crown molding, & arched windows create an inviting main living area. Features 3 generous bedrooms, including primary suite with walk-in closet & full bath. Oversized 1st floor laundry & 2-car garage provides easy access to kitchen. Expansive lower level includes built-in bar, full bath, & large storage area—ideal bonus space for entertaining. Central air, wide double driveway, & striking rooflines that elevate the ranch style complete this impressive home.

Features

  • Amenities: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: First Floor, Electric Dryer Hookup, Washer Hookup
  • Style: Ranch
  • Year Built: 1994
  • Garage: 2-car Attached
  • Basement: Full
  • Approx Sq. Feet: 3,040
  • Acreage: 0.74
  • Est. Taxes: $8,209
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • MLS#: 73456739
  • Website: https://www.raveis.com
    /eprop/73456739/16sarahsway_peabody_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.
Listing by Brian & Diana Segool courtesy of Gibson Sotheby's International Realty

Room Information

Type DescriptionDimensionsLevel
Bedroom 2 Flooring - Wall to Wall Carpet11.0 x 13.0First
Bedroom 3 Flooring - Wall to Wall Carpet11.0 x 11.0First
Dining Room Flooring - Hardwood10.0 x 12.0First
Kitchen Skylight14.0 x 14.0First
Living Room Flooring - Hardwood15.0 x 22.0First
Master Bedroom Bathroom - Full, Walk-In Closet(s)15.0 x 15.0First

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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16 Sarah's Way, Peabody, MA, 01960

$950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $760,000 $760,000 $760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.246% 6.110% 5.952%
Monthly Tax Payment $684 $684 $684
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,138 $4,557 $6,311
Total Monthly Payment $4,914 $5,333 $7,087

* 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.