49 Northern Blvd, Newbury (Plum Island), MA, 01951 | $1,780,000

Your BEAUTIFUL Dream Beach House Awaits! This spectacular turnkey Plum Island home offers the ultimate in coastal living with breathtaking views of the ocean and the basin - just across the street from the beach. Tastefully renovated and taken down to the studs w/new electric, plumbing, heating, A/C, floors, walls, lighting, quartz countertop/kitchens, baths & appliances. The 2nd floor 3BR main living space has vaulted ceilings, skylights & expansive open concept kitchen, living, dining space with tremendous ocean views. The 1st floor can be used as a separate 2BR rental unit. This home has beautifully designed gourmet kitchens, and expansive decks-perfect for soaking in both sunrises & sunsets. This property includes significant PARKING LOT INCOME POTENTIAL! Whether you're looking for a full-time residence w/5 bedrooms, a vacation escape or investment opportunity, this delivers it all ~ views, wildlife, water access & the magic of island life! VRBO rate: $7500/week summer rent.

Features

  • Town: Newbury
  • Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Rooms: 10
  • Bedrooms: 5
  • Baths: 2 full
  • Units: 2
  • Year Built: 1910
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Approx Sq. Feet: 2,246
  • Acreage: 0.18
  • Est. Taxes: $6,223
  • Lot Desc: Corner Lot
  • View: Scenic View(s)
  • Appliances: Range, Microwave, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher
  • MLS#: 73473231
  • Website: https://www.raveis.com
    /prop/73473231/49northernblvd_newbury_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 Barb Cullen courtesy of Keller Williams Realty Evolution   Phone: 978-992-4050

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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

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49 Northern Blvd, Newbury (Plum Island), MA, 01951

$1,780,000

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 $1,424,000 $1,424,000 $1,424,000
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 6.021% 6.110% 5.932%
Monthly Tax Payment $519 $519 $519
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,753 $8,538 $11,825
Total Monthly Payment $8,397 $9,182 $12,469

* 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.