6 N Beach Street, Nantucket (Brant Point), MA, 02554 | $500,000

Co-ownership on Nantucket! THE BRANT is a unique and limited opportunity to be a part of Nantucket, boasting boutique luxury accommodations and amenities in iconic Brant Point. Enjoy equity ownership with maintenance-free living and use of the property for up to 45 nights per year with full concierge services. The Brant includes twenty-six (26) fully-furnished Nantucket-style rooms, ranging in size from standard hotel-style guest rooms and one-bedroom suites, to two- and three-bedroom units. The property will be anchored by “The Barn”, a newly built and architecturally captivating structure at the head of the grounds that will include a full-service bar and lounge serving up fresh cocktails and a savory all-day menu. Enjoy carefree afternoons lingering poolside or take one of the property-owned Jeep Wranglers or e-bikes and explore the island. Children’s Beach, LoLa 41, Brant Point Lighthouse, The White Elephant and Downtown are all just a short stroll away. Ready for the 2024 season!

Features

  • Town: Nantucket
  • Utilities: Public Water, Public Sewer
  • Zoning: CN
  • Year Built: 1984
  • Acreage: 0.43
  • Est. Taxes: $0
  • HOA Fee: $417
  • MLS#: 73236898
  • Website: https://www.raveis.com
    /prop/73236898/6nbeachstreet_nantucket_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Eric Dellovo courtesy of Campion & Company Fine Homes Real Estate

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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6 N Beach Street, Nantucket (Brant Point), MA, 02554

$500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $400,000 $400,000 $400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,661 $2,659 $3,373
Total Monthly Payment $2,753 $2,751 $3,465

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.