5 Raven Ln, #5, Gloucester, MA, 01930 | $995,000

Great location in East Gloucester's Hawthorne Point community with its own private beach to launch kayaks and paddle boards. Stunning views of the outer harbor and Boston skyline. The first level offers a large entryway accessed either by the garage or front door, laundry area & a large en-suite with outside access to a brick patio and lovely common area. The second level is the heart of the home with a fireplaced living room with sliders to the sunny front deck. The open concept dining room connects to the large kitchen, with newly finished hardwood floors, a breakfast nook and access to a private rear deck. A half bath and much storage complete the second level. The third level has been renovated to provide a bonus room perfect for a home office or additional guests, an oversized main bedroom with views and main bath. It is a short walk to dining and the art galleries on Rocky Neck, the beauty of Eastern Point and sandy Niles beach. Seasonal water taxi to downtown from Rocky Neck.

Features

  • Parking: 2-car, Under, Garage Door Opener, Storage, Deeded, Off Street, Assigned, Guest, Exclusive Parking
  • Heating: Electric Baseboard, Ductless
  • Cooling: Central Air, Ductless
  • Levels: 3
  • Amenities: Walk/Jog Trails, Medical Facility, House of Worship, Marina, Public School, T-Station
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
  • Complex: Hawthorne Point
  • Year Built: 1984
  • Common Charge: $839 Monthly
  • Approx Sq. Feet: 2,044
  • Est. Taxes: $9,361
  • Water Front: Yes
  • Pets Allowed: Yes
  • Appliances: Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range
  • MLS#: 73509554
  • Website: https://www.raveis.com
    /prop/73509554/5ravenln_gloucester_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 Laura Howard courtesy of J. Barrett & Company

Room Information

Type DescriptionLevel
Bedroom 2 Bathroom - Full, Walk-In Closet(s), Flooring - Wood, Exterior Access, High Speed Internet HookupFirst
Dining Room Closet, Flooring - Hardwood, Open Floorplan, Lighting - Overhead, Crown MoldingSecond
Living Room Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony / Deck, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Slider, Crown MoldingSecond
Master Bedroom Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Closet, Flooring - Hardwood, High Speed Internet Hookup, RemodeledThird

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NMLS Mortgage Loan Originator ID 1500191

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Kate.Rockett@raveis.com

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5 Raven Ln, #5, Gloucester, MA, 01930

$995,000

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 $796,000 $796,000 $796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment $780 $780 $780
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,457 $4,837 $6,663
Total Monthly Payment $5,329 $5,709 $7,535

* 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.