One of a kind Hawthorne Point end unit. Built by the developer for himself, this condo is unique to the waterfront units. It has a private exclusive-use patio area, steps to the water, and floor to ceiling windows. DAY AND NIGHT VIEWS! This exceptional unit offers a breathtaking 270-degree panorama of Gloucester’s Outer Harbor, Rocky Neck, Ten Pound Island and even the Boston City skyline. Watch the lively activity of sailboats and fishing boats by day and the tranquil glow of moonlit waters by night. With high ceilings throughout, the flexible floor plan allows for 2-3 bedrooms. The master bedroom has a large 15’ x 12’ deck and from this elevated perspective experience the sensation of being on a ship. Spectacular sunsets, fishing off your backyard and front row seat to fireworks make every day feel like vacation.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Bathroom - Full, Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Wall to Wall Carpet | 21.0 x 13.0 | Second |
Kitchen | Flooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook | 12.0 x 19.0 | First |
Master Bedroom | Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Deck - Exterior, Recessed Lighting, Half Vaulted Ceiling(s) | 18.0 x 19.0 | Third |
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$1,850,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,480,000 | $1,480,000 | $1,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $1,179 | $1,179 | $1,179 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,403 | $9,113 | $12,290 |
Total Monthly Payment | $9,707 | $10,417 | $13,594 |
* 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.