NEW PRICE Imagine a private New England island property with panoramic oceanfront views that rival any oceanfront property along the Boston-area coastline, yet 5 minutes from a train to Boston. Wood Island offers majestic views from Cape Ann to Minot Light from all four levels and five hardwood decks. Nestled on granite ledge on almost 10 acres surrounded by >1, 000 acres of conservation glades, islands & beaches. Wood Island is a once-in-a-generation buy for an astute luxury buyer seeking privacy and estate style living (~7, 000 sq ft). Along with countless recent updates and private access to the water/beach, the grounds feature natural oaklands, open grass space (incl. a “Kennedy football lawn"), solarium, a waterfall/pond with fish & turtles, granite outcroppings & views of the glade with wildlife from deer to bald eagles. Accessed from a private road and a long, winding crushed shell driveway, this EXTRAORDINARY setting is the epitome of peaceful, simple luxury surrounded by nature.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Balcony / Deck, Deck - Exterior | 18.0 x 17.0 | Second |
Bedroom 3 | Closet, Flooring - Hardwood, Balcony / Deck | 14.0 x 15.0 | Second |
Bedroom 4 | Closet, Flooring - Hardwood | 12.0 x 15.0 | Second |
Dining Room | Flooring - Hardwood, Lighting - Sconce | 16.0 x 15.0 | First |
Kitchen | Flooring - Hardwood, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Remodeled, Slider | 19.0 x 30.0 | First |
Living Room | Flooring - Hardwood, Window(s) - Picture, Exterior Access, Open Floorplan, Recessed Lighting | 17.0 x 22.0 | First |
Master Bedroom | Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Balcony / Deck, Recessed Lighting, Remodeled, Slider | 15.0 x 31.0 | Third |
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.335.8179
Michael.Cartier@raveis.com
NMLS Mortgage Loan Originator ID 1017266
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,400,000 | $4,400,000 | $4,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $3,475 | $3,475 | $3,475 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $24,639 | $26,735 | $36,244 |
Total Monthly Payment | $28,239 | $30,335 | $39,844 |
* 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.