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Set on approximately 32± acres on scenic Argilla Road, this single-story ranch-style home is approached by a long, winding driveway bordered by open fields and paddocks gradually rising to the crest of a coastal drumlin at almost 98 feet. The house offers exceptional northwesterly views across the expansive marsh and the Labor-in-Vain Creek. Originally built as a summer cottage, the home was winterized and renovated in 1961, followed by an extensive renovation in 2009–2010. The house offers four bedrooms, three full baths, and one-half bath, a detached two-car garage, a tennis court, and a storage shed. A conservation restriction held by Essex County Greenbelt protects all but approximately three acres of the property, preserving the open landscape while allowing for agricultural and equestrian activities and improvements. Located just moments from Crane Beach in one of the North Shore's most spectacular coastal settings. Please do not drive by.
| Type | Level |
|---|---|
| Bedroom 2 | First |
| Bedroom 3 | First |
| Bedroom 4 | First |
| Dining Room | First |
| Family Room | First |
| Kitchen | First |
| Living Room | First |
| Master Bedroom | First |
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,100,000
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 | $1,680,000 | $1,680,000 | $1,680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.086% | 6.183% |
| Monthly Tax Payment | $1,183 | $1,183 | $1,183 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,539 | $10,072 | $14,177 |
| Total Monthly Payment | $10,846 | $11,379 | $15,484 |
* 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.