Location, location! Here's your chance to own a direct access waterfront home set on the Danvers River. You’ll be surprised how spacious this cozy ranch is once you’re inside. The 3 bedroom, 2. 5 bath home has hardwood floors throughout with an updated kitchen and granite countertops. Enjoy watching the boats go by and the amazing sunsets from the 4 season sunroom situated on the back of the home. Barbecue on the deck or enjoy that morning cup of coffee. The lower level boasts a spacious family room or possible guest room with large windows looking out to the river. A large cedar closet is also located in the basement. Just a short distance away is Obear Park situated on the Danvers River. Close to major highways and the downtown area. Make this your home and enjoy all the seasons of the river. A great opportunity. Showings start at the open houses on Saturday, October 19, and Sunday October 20, from 12: 00-2: 00.
Type | Description | Level |
---|---|---|
Bedroom 2 | Skylight, Closet, Flooring - Hardwood | First |
Bedroom 3 | Closet, Flooring - Hardwood | First |
Dining Room | Flooring - Hardwood | First |
Kitchen | Skylight, Flooring - Hardwood, Countertops - Stone/Granite/Solid | First |
Living Room | Flooring - Hardwood | First |
Master Bedroom | Bathroom - Half, Closet, Flooring - Hardwood | First |
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$945,000
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 | $756,000 | $756,000 | $756,000 |
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 | $771 | $771 | $771 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,175 | $4,533 | $6,227 |
Total Monthly Payment | $5,038 | $5,396 | $7,090 |
* 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.