2 Silver Street, Nantucket (Town), MA, 02554 | $5,900,000

2 Silver St is a charming and recently renovated 5 bedroom single-family home located in the heart of Nantucket's Old Historic District. Built in 1930, this property combines historic charm with a contemporary fun style. The home underwent significant renovations in 2022, preserving its historic integrity while enhancing its flow and finishes. It features generously proportioned rooms that create an ideal space for entertaining. More designer and end user high quality upgrades were completed over the last two years. The property sits on a 5, 328 square foot lot and allows for additional ground coverage, perfect for adding a garage with a studio or guest cottage. This wonderful gem seamlessly blends timeless charm with modern convenience, offering a truly extraordinary lifestyle.

Features

  • Town: Nantucket
  • Rooms: 13
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Year Built: 1930
  • Heating: OFHA
  • Basement: The lower level enhances the home’s sense of spaciousness, fun and versatility. Descend to a stylish living area featuring a gas fireplace, wet bar with wine refrigerator, and French doors that open to a secluded covered patio, providing direct access to the outdoor space, dog run and ample parking. This level also includes a full bathroom, additional guest accommodations, and a convenient laundry room, making it a practical yet inviting space for hosting or everyday living.
  • Approx Sq. Feet: 3,640
  • Acreage: 0.12
  • Est. Taxes: $14,087
  • Lot Desc: Large Yard w a Dog Run
  • View: None, Res
  • Appliances: Stove: New 48" Viking Tuscany 4 Burner Stove with Electric Griddle, Washer: Two- Electrolux Stackable in Primary room; New LG in Lower Level
  • Property#: 91891
  • Days on Market: 32 days
  • Website: https://www.raveis.com
    /eprop/91891/2silverstreet_nantucket_ma?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Fisher Real Estate

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2 Silver Street, Nantucket (Town), MA, 02554

$5,900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,720,000 $4,720,000 $4,720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.021% 5.984% 5.806%
Monthly Tax Payment $1,174 $1,174 $1,174
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $25,700 $27,921 $38,880
Total Monthly Payment $26,999 $29,220 $40,179

* 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.