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Welcome to the Historic 500 Acre "Fay Estate" Highly Desirable Neighborhood in Northeast Lynn. Close to the Swampscott Line and Spring Pond which offers Scenic Views, Hiking and Dog Walking Trails, as well as, Fishing along the Pond's Shores. This Meticulous 3 Bedroom Raised Ranch offers a flexible floor plan with first floor Bedroom, Den and New Full Bathroom. Hardwood Floors throughout, Fireplaced Livingroom, Family Room Overlooks 28 Foot Circular Pool and Spacious Maintenance Free Composite Deck with Additional Outdoor Dining and Living Space. One Car Garage with Electric Door Opener and Direct Entry. Maintenance Free Siding and Double Width Driveway Convenient for Extended Family and Guests. Private Landscaped Yard abuts Conservation, Protected Land. Forced Air Heating and Central Air Conditioning. Easy Access to Major Routes, Shopping, Restaurants and Historic Downtown Salem.
| Type | Description | Level |
|---|---|---|
| Bedroom 2 | Closet, Flooring - Hardwood | Second |
| Bedroom 3 | Bathroom - Full, Closet, Flooring - Laminate, Window(s) - Picture, Recessed Lighting | First |
| Dining Room | Flooring - Stone/Ceramic Tile, Recessed Lighting, Slider | Second |
| Family Room | Beamed Ceilings, Walk-In Closet(s), Flooring - Hardwood, Wet Bar, Recessed Lighting, Storage, Beadboard | Second |
| Kitchen | Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances, Gas Stove | Second |
| Laundry | Second Floor, Gas Dryer Hookup | |
| Living Room | Wood / Coal / Pellet Stove, Closet, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Deck - Exterior, Exterior Access, Recessed Lighting | Second |
| Master Bedroom | Bathroom - Full, Closet - Linen, Walk-In Closet(s), Flooring - Hardwood | Second |
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:
$749,500
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 |
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|---|---|---|---|
| Loan Amount | $599,600 | $599,600 | $599,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.524% | 6.776% | 6.078% |
| Monthly Tax Payment | $564 | $564 | $564 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,741 | $3,839 | $5,019 |
| Total Monthly Payment | $4,397 | $4,495 | $5,675 |
* 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.