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This charming and convenient private home is your comfortable retreat in the heart of coastal Beverly. It is is move- in ready with modern updates including mini splits and a smart water heater. The layout invites flexibility, with a spacious living room and eat in kitchen, and bedrooms on the main and upper levels. There is also a finished bonus room in the basement currently being used as a guest room. The generous upstairs bedroom has an in suite bathroom and is accessed via a separated mudroom, giving it potential as an in-law suite. Hardwood floors accent the living room and bedrooms. The kitchen features granite countertops, stainless steel appliances, in-sink disposal and water filter, and a slider to a small deck. The fully fenced yard includes mature fruit and native tree plantings. Enjoy delicious peaches right from your deck. This home is in a truly walkable community and is less than a 10 minute walk to beaches and restaurants, and less than 15 minute walk to the train.
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Our Executive Mortgage Banker:
Our Insurance Division:
$659,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $527,200 | $527,200 | $527,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $511 | $511 | $511 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,157 | $3,289 | $4,343 |
| Total Monthly Payment | $3,760 | $3,892 | $4,946 |
* 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.