Opportunity to Own - This Chic & Cozy Condo Available at 159 Main Street. Take advantage of this unique offering to own a charming condo in the heart of Nantucket, located at 159 Main Street. This home offers a comfortable and convenient living space year round or seasonally. Property Highlights> Central Location: Situated on Main Street, these condos are steps away from Nantucket’s downtown, shops, restaurants, and the harbor. Comfortable Interiors: The unit features practical layouts with all the essential amenities for everyday living. Complete Kitchens: equipped with appliances and ample cabinetry for storage. Bedrooms: the condo includes nicely laid out spaces Outdoor Areas: The unit has a patio perfect for casual al fresco dining & grilling Essential Amenities: The condo comes with upgraded basic home features, including air conditioning and in-unit laundry facilities. Move-In Ready: This condo is being offered fully furnished, turn key making it easy to settle in. This offering is perfect for those seeking a straightforward, comfortable living space in a prime location. We are seeking a close date pre year end.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$1,550,000
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 | $1,240,000 | $1,240,000 | $1,240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.000% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.797% | 6.108% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,847 | $7,434 | $10,214 |
Total Monthly Payment | $6,972 | $7,559 | $10,339 |
* 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.