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Prime downtown Gloucester location! This 2-bedroom condo with ocean views blends historic charm with modern convenience. Immortalized by renowned American artist Edward Hopper, this former sea captain’s house was built in 1920 and thoughtfully converted to condominiums in 1991. The Georgian-style building features classic architectural details, high ceilings, and timeless character. The unit offers approximately 1, 181 sq ft of open-concept living space with two spacious bedrooms, one full bath, and one half bath. The second level features a modern kitchen and comfortable living area-ideal for relaxing or entertaining. Enjoy two off-street parking spaces and access to a shared rooftop deck with breathtaking water views. Located on a quiet one-way street just moments from Gloucester’s restaurants, beaches, harbor, and vibrant downtown. A rare opportunity to own a piece of Gloucester’s maritime history with income-generating potential. A must sea!
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 2 | 10.0 x 14.0 | First | |
| Kitchen | Skylight, Dining Area | 9.0 x 14.0 | Second |
| Living Room | Bathroom - Half, Skylight, Ceiling Fan(s), Deck - Exterior | 18.0 x 20.0 | Second |
| Master Bedroom | Flooring - Wood | 13.0 x 14.0 | First |
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:
$469,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $375,200 | $375,200 | $375,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.668% |
| Monthly Tax Payment | $260 | $260 | $260 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,219 | $2,310 | $3,041 |
| Total Monthly Payment | $2,554 | $2,645 | $3,376 |
* 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.