25 Broadway, Nantucket (Siasconset), MA, 02564 | $4,095,000

A rare offering, steeped in history & in the heart of Sconset Village, this property is seeking its next steward. Fully renovated & restored in 2016 - 2018, with additional recent improvements & upgrades, this home is turn-key & is being offered with furnishings. Not only is the history of the home unique but also the opportunities & configuration. A legal multi-family home, the property features 2 units at-present. Unit 1 is a 3-bed/3-bath & Unit 2 is a 1-bed/1. 5-bath, affording various scenarios to the astute buyer. Host guests & family in a comfortable, attached ''guest house'', while you enjoy the space & privacy of the larger unit. Rent out the 1-bedroom unit while you enjoy the luxury of your 3-bedroom, en-suite style residence. Or perhaps a combination thereof as the property has a strong & solid rental history. 25 Broadway was infused with new life from a meticulous restoration delivering both historic charm & a reimagined interior configuration. Single-Family concept plans attached.

Features

  • Town: Nantucket
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Room, Countertops, Built-Ins, Laundry Areas, Recessed Lighting, In Basement
  • Style: Antique
  • Year Built: 1880
  • Garage: See Remarks
  • Heating: Other, Forced Air
  • Cooling: Central Air, Other
  • Basement: Finished, Interior Entry, Full
  • Approx Sq. Feet: 2,105
  • Acreage: 0.03
  • Est. Taxes: $6,887
  • Lot Desc: Bike Path, House of Worship, Near Golf Course, Shopping, Conservation Area, Corner Lot, Views, Level, Cleared
  • School District: Nantucket
  • Appliances: Dishwasher, Washer, Range Hood, Washer/Dryer Stacked, Refrigerator, Electric Range, Microwave, Freezer, Dryer - Electric, Water Heater, Electric Water Heater
  • MLS#: 22405528
  • Website: https://www.raveis.com
    /eprop/22405528/25broadway_nantucket_ma?source=qrflyer
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Room Information

Type Level
Bedroom 2 Second
Bedroom 3 Second
Bedroom 4 Second
Dining Room First
Kitchen First
Living Room First
Master Bedroom First

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

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25 Broadway, Nantucket (Siasconset), MA, 02564

$4,095,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $3,276,000 $3,276,000 $3,276,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.820% 6.723% 6.284%
Monthly Tax Payment $574 $574 $574
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $19,379 $20,977 $27,866
Total Monthly Payment $20,078 $21,676 $28,565

* 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.