Welcome to 'Summer Salt, ' a stunning retreat at 36 Arey's Lane in Orleans, where luxury meets coastal living and old Cape Cod charm. This exquisite home features five spacious bedrooms and five elegant bathrooms, perfect for family gatherings or entertaining guests. Enjoy your private oasis with an in-ground pool, outdoor shower, and dock with a mooring, providing deep-water access to the picturesque Pleasant Bay and pristine barrier beaches. The heart of the home is the gourmet eat-in kitchen, boasting high-end finishes and ample space for culinary creativity. A lofted deck invites you to soak in breathtaking views of the renowned Areys Pond, famous for crafting the iconic 'Cat Boat. ' Nestled in a prime location, 'Summer Salt' is surrounded by working cranberry bogs and the serene Pilgrim Lake, offering unparalleled access to the beauty of Orleans and its vibrant waterfront lifestyle. Whether you're relaxing by the pool, boating on the bay, or exploring the scenic surroundings, this home serves as a gateway to endless adventures. Don't miss your chance to own this slice of paradise!
Type | Level |
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Master Bedroom | Second |
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,840,000 | $3,840,000 | $3,840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $1,689 | $1,689 | $1,689 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,409 | $24,588 | $32,664 |
Total Monthly Payment | $24,223 | $26,402 | $34,478 |
* 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.