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Perched on a gentle rise at the end of a quiet cul-de-sac, this captivating 3-bedroom, 2. 5-bath Cape-style home is ideally located just 0. 4 miles from First Encounter Beach. Thoughtfully updated in 2016, it combines modern enhancements with a relaxed, come-as-you-are livability. A stylish 12x12 kitchen with granite countertops and stainless steel appliances flows seamlessly into the expansive 19x25 main living and dining areas, where hardwood floors and a cozy wood-burning fireplace create a warm and deeply appealing atmosphere. A lovely 12x12 den serves as a versatile bonus room, well suited as a study or connected media lounge. Perhaps the home's most charismatic feature is its 10x18 enclosed/screened porch, a liminal space where the boundary between indoors and out softens--perfect for morning coffee, quiet contemplation or simply enjoying the coastal breezes, which here carry the sounds of gulls and distant waves instead of traffic. The spacious 16x21 primary suite, complete with a walk-in closet, offers the possibility of one-floor living, providing accessibility and longevity that can adapt to your needs over time. A separate laundry area and well-placed powder room for guests complete the first floor. Upstairs, a full bath with dual sinks is flanked by two restful bedrooms, each generous in scale with hardwood floors and ample closet space. The low-maintenance 0. 51 acre lot offers privacy, tranquility, and mature plantings, as well as an outside shower and circular patio with a fire pit. I mentioned First Encounter Beach. Those seeking a beach with less public access may prefer Cole Road Beach, also just 0. 4 miles distant. If freshwater is preferred, Great Pond is accessible via trails off Herring Brook Road. For the discerning buyer, this offering represents a compelling dual-purpose proposition: a residence capable of generating income in the near term, while maturing into a distinguished seaside address for long-term personal enjoyment. Happy house hunting!
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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 | $864,000 | $864,000 | $864,000 |
| 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 | $597 | $597 | $597 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,906 | $5,320 | $7,291 |
| Total Monthly Payment | $5,628 | $6,042 | $8,013 |
* 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.