Located on a high spot in sought-after Cisco, 3 Tautemo Way is a contemporary beach compound, developed and situated to capture the sweeping views of the Atlantic Ocean, Hummock Pond, and the 780 acres of conservation land between Hummock Pond and Madaket. This well-designed property is very close to Cisco Beach and features a fully re-built and expanded upside-down main house which takes full advantage of the incredible views from the second floor, a brand-new guest cottage/pool house with an attached 2-car garage, and a custom-designed Gunite pool and spa with bluestone patio including a covered outdoor patio living room. This coastal property has been designed especially for modern beach life, the perfect haven in which to unwind and relax after a day at the beach or on the water. Soaring indoor spaces seamlessly transition to welcoming outdoor spaces including the covered outdoor living room with television, fireplace, and coastal-rated ceiling fan, the 17’x27’ pool and 8’x10’ spa both with auto-covers, lush grounds and landscaping, two separate outdoor showers, and an expansive outdoor deck on the second floor of the main house with some of the finest sunset views on the island. Easy access to Cisco Beach and bike path, Bartlett Farm, Cisco Brewery, Miacomet Golf Club, 167 Raw Seafood, and historic downtown Nantucket. The property is offered tastefully furnished and turnkey.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$9,975,000
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.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $7,980,000 | $7,980,000 | $7,980,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $44,686 | $48,487 | $65,734 |
Total Monthly Payment | $44,811 | $48,612 | $65,859 |
* 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.