This beautifully described Post and Beam Colonial home in Topsfield sounds like a wonderful property! Its combination of spacious living, modern renovations, and charming outdoor areas makes it appealing for families and anyone who enjoys nature and community. Here’s a brief overview of its highlights: Size & Layout: 5, 665 square feet with four bedrooms and three and a half bathrooms, ideal for families or hosting guests. In-Law Potential: A new 5-bedroom septic system with a separate entrance provides flexibility for an in-law suite. Outdoor Features: Enclosed 3-season room, outdoor patio, and easy access to scenic nature areas. Convenience: Three-car garage with additional parking, making it easy for visitors. Recent Upgrades: New Hardiplank siding for low maintenance, and a renovated kitchen with high-end appliances. Neighborhood Benefits: Proximity to the Haverhill Road Conservation Area, rail trail, parks, beaches, and safe access to local amenities and schools.
Type | Description | Level |
---|---|---|
Bedroom 2 | Second | |
Bedroom 3 | Second | |
Bedroom 4 | Second | |
Dining Room | Flooring - Hardwood | First |
Kitchen | Flooring - Hardwood | First |
Living Room | Cathedral Ceiling(s), Beamed Ceilings, Flooring - Hardwood | First |
Master Bedroom | Bathroom - Full, Walk-In Closet(s) | First |
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William Raveis Real Estate
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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 | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.795% | 6.472% | 5.966% |
Monthly Tax Payment | $1,406 | $1,406 | $1,406 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,424 | $6,962 | $9,342 |
Total Monthly Payment | $7,955 | $8,493 | $10,873 |
* 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.