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Here is your once-in-a-generation chance to plant roots or pour a foundation on one of the most coveted barrier islands on the entire New England coast. Plum Island is an 11-mile barrier island named for the wild beach plums that grow in its sandy dunes. Right at the heart of it all sits 32 Plum Island Blvd . 25 acre lot w/ roots going back to 1935, now ready for a bold new vision. The existing structure has lived a full life. Now it's time to let the land speak. Whether you choose to tear down & build fresh or gut-renovate and reimagine, this lot offers something no amount of money can manufacture: location, ocean proximity, & the soul of Plum Island. Envision a custom-designed coastal home rising from this footprint- soaring ceilings of glass that frame the Atlantic, wide-plank white oak floors, wraparound decks where salt air replaces every worry, & a rooftop perch from which you can watch the sun melt into the Parker River marsh to the west while the full moon rises over the ocean.
| Type | Level |
|---|---|
| Bedroom 2 | First |
| Bedroom 3 | First |
| Bedroom 4 | Second |
| Kitchen | First |
| Master Bedroom | First |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $680,000 | $680,000 | $680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $301 | $301 | $301 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,755 | $4,077 | $5,647 |
| Total Monthly Payment | $4,148 | $4,470 | $6,040 |
* 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.