Build your brand-new BEACHFRONT home on this unique south-facing AE-Zone home site with SWEEPING COASTAL VIEWS of Scituate Harbor! Property has direct water access adjacent to Museum Beach for recreation water sports. Current cottage owned by the same family for 80 years has only recently been vacation rental with impressive earnings year-round. This sale includes 2022 engineered survey and proposed architectural plans by respected New England builder for a 3-bedroom, 3-bath, 3000+sqft modern home. Design features an expansive 3rd level roof deck, two sun-filled living areas with balconies, and a generous Primary Suite. Location on Jericho Road is walkable to the Harbor shops & restaurants and the Lighthouse. This opportunity checks ALL the boxes for an active lifestyle.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Closet, Attic Access, Recessed Lighting, Flooring - Engineered Hardwood | 9.6 x 11.8 | Main,First |
Bedroom 3 | Closet, Flooring - Engineered Hardwood | 9.6 x 11.3 | Main,First |
Dining Room | Beamed Ceilings, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Deck - Exterior, Exterior Access, Open Floorplan, Gas Stove, Lighting - Overhead | 11.3 x 12.0 | Main,First |
Kitchen | Beamed Ceilings, Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Deck - Exterior, Exterior Access, Open Floorplan, Stainless Steel Appliances, Gas Stove, Peninsula | 11.3 x 18.3 | Main,First |
Living Room | Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Window(s) - Picture, Recessed Lighting, Lighting - Overhead, Flooring - Engineered Hardwood | 18.8 x 12.1 | Main,First |
Master Bedroom | Closet, Closet/Cabinets - Custom Built, Recessed Lighting, Flooring - Engineered Hardwood | 11.8 x 10.3 | Main,First |
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Our Executive Mortgage Banker:
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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 | $860,000 | $860,000 | $860,000 |
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 | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | $594 | $594 | $594 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,883 | $5,295 | $7,142 |
Total Monthly Payment | $5,602 | $6,014 | $7,861 |
* 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.