RATE IS WEEKLY 216 Cliff Road is a peaceful oasis with pool in the highly desirable Cliff area, a short distance from the heart of Nantucket and the calm waters of the North shore beaches. You will find all the privacy you need, but with convenient access to town. This is an exceptional 4 bed, 3 full & 1 half bath home has recently been updated with new furnishings! This uniquely modern Nantucket style home is located prominently on Cliff Road and blends superior construction and design with spectacular - and very private - outdoor spaces. Experience the stunning beauty and privacy of Cliff Road. This house sits on 1/3rd of an acre, and is adjacent to a large swath of conservation land. A short ride on the bike path into town will have you experiencing the outstanding dining and shopping options Nantucket has to offer. Any chosen direction will get your toes in the sand in this charming beach side home.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$22,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $18,000 | $18,000 | $18,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $121 | $120 | $152 |
Total Monthly Payment | $196 | $195 | $227 |
* 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.