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Set on the sandy shores of Nantucket Sound, 120 Vineyard Road represents the pinnacle of coastal living with a private sandy beach in one of Cotuit Village's most sought-after locations. The five-bedroom main residence showcases superlative finishes and craftsmanship with beamed ceilings, wainscoting, and crown molding throughout. From the grand two-story foyer to the eat-in chef's kitchen with breathtaking water views, each space was thoughtfully designed for elevated living and entertaining. The floor plan seamlessly flows from a fireplaced living room with oversized windows and glass doors that frame the surrounding natural beauty to a formal dining room and great room. A well-appointed en suite bedroom on the first floor offers private accommodations for guests. On the second level, the primary suite is a sanctuary of luxury with a private deck overlooking the ocean, a lounge, walk-in closet, and a sumptuous bathroom with a glass-enclosed shower and soaking tub. Three additional en-suite bedrooms on the second level ensure comfort and convenience. The finished lower level is ideal for movie and game nights, highlighted by an exceptional home theater. Along the waterside of the home, an expansive bluestone terrace enjoys the perfect backdrop for al fresco entertaining, with a short path leading to the beach. Additional highlights include a three-car attached garage and a charming cottage offering endless possibilities for guests, a studio, or home office. A rare combination of privacy, modern luxury, and an unrivaled location - this is Cape Cod living at its finest.
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$7,950,000
William Raveis Real Estate
Phone: 888.699.8876
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RVP, Mortgage Banker
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Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $6,360,000 | $6,360,000 | $6,360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $5,501 | $5,501 | $5,501 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $36,111 | $39,160 | $53,669 |
| Total Monthly Payment | $41,737 | $44,786 | $59,295 |
* 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.