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Oceanfront on Plum Island w direct beach access! Year round home, renovated/upgraded 2022. Local restaurants and businesses remain OPEN all year round. Stunning views from generous windows that create a feeling that only living on the ocean can give you. The waves are a show on their own! A modern open design, new furnishings and appliances, a soaring ceiling in the living room with a two story working stone fireplace. This house is being offered fully furnished. Enter at ground level(L1), the mostly finished bunk room to the L and stairs to main level. On L2 you'll find an open Living room, Fireplace, Kitchen/dining, a King bedroom, Laundry room and full bathroom. Next level up(L3) is the Main King Bedroom with private top deck access, large full bathroom with soaker tub and oversized rain shower and the Great room with door to upper deck and halfwall overlooking lower living room. Has been STR for 4 years, ~$185K/yr rental income. June-Oct '26 has ~$90K booked. 1st Showing @OH 5/16.
| Type | Description | Level |
|---|---|---|
| Bedroom 2 | Second | |
| Bedroom 3 | First | |
| Dining Room | Bathroom - Full, Flooring - Vinyl, Window(s) - Bay/Bow/Box, Deck - Exterior, Exterior Access, Recessed Lighting, Remodeled, Lighting - Pendant, Half Vaulted Ceiling(s) | Second |
| Kitchen | Flooring - Vinyl, Window(s) - Bay/Bow/Box, Dining Area, Breakfast Bar / Nook, Deck - Exterior, Exterior Access, Recessed Lighting, Remodeled | Main,Second |
| Living Room | Skylight, Cathedral Ceiling(s), Closet, Flooring - Vinyl, Window(s) - Picture, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Overhead | Main,Second |
| Master Bedroom | Third |
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,119,200 | $2,119,200 | $2,119,200 |
| 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 | $873 | $873 | $873 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,867 | $12,876 | $17,740 |
| Total Monthly Payment | $12,865 | $13,874 | $18,738 |
* 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.