Nestled in a beautifully private setting along the tranquil Little River, this new to be constructed property captures the charm of New England waterfront living while allowing you the unique opportunity to personalize your space. Currently being built, you can select finishes to put your own creative stamp on this two-level townhome. Just minutes from downtown Gloucester, the commuter rail, and Route 128 to Boston, it combines serene natural beauty with exceptional accessibility. Thoughtfully crafted to the highest standards, this residence is perfect as a refined summer retreat or an elegant year-round home. Featuring four spacious bedrooms, 3. 5 baths, and an open concept kitchen with a pantry and center island that flows into a dining/living area with stunning water views, this home is ideal for entertaining or relaxing in the peaceful river breeze. Additional highlights include an attached 2-car garage with ample storage and utility space.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Bathroom - Full, Closet, Flooring - Hardwood | 16.0 x 14.0 | Second |
Bedroom 3 | Closet, Flooring - Hardwood | 17.0 x 11.0 | Second |
Bedroom 4 | Closet, Flooring - Hardwood | 17.0 x 11.0 | Second |
Dining Room | Flooring - Hardwood, Open Floorplan, Recessed Lighting | 15.0 x 15.0 | Main,First |
Kitchen | Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant | 15.0 x 18.0 | Main,First |
Living Room | Flooring - Hardwood, Cable Hookup, Exterior Access, Open Floorplan, Recessed Lighting, Slider | 14.0 x 15.0 | Main,First |
Master Bedroom | Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Cable Hookup | 16.0 x 14.0 | Second |
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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 | $1,920,000 | $1,920,000 | $1,920,000 |
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 | $1,119 | $1,119 | $1,119 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,751 | $11,666 | $15,816 |
Total Monthly Payment | $11,995 | $12,910 | $17,060 |
* 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.