8 Milk Street, #B, Newburyport (Joppa), MA, 01950 | $1,650,000

Welcome Home to 8 Milk Street, the latest one-of-a-kind residence from the most sought after luxury home builder in town - whose stylish, signature designs pay homage to the past and deliver BIG on Luxury and Livability. This is the first of 4 units being offered for sale, with all slated for completion in March, with features that include a richly appointed first floor Primary Suite, Soaring ceilings, gorgeous Mud Room entry, a sunny Chef's kitchen w/top-of-the-line appliances, and a Park Avenue-style fireplace wall that sets an exquisitely cozy, luxurious scene. Private back deck with built-in barbecue & 6-person seating, 2 off-street parking spots, and an exclusive use, fenced-in garden w/optional automatic Generac hookup. A great opportunity to live in the heart of Joppa where demand is at historic highs-just 3 blocks from the trendy shops and restaurants of downtown, and close to Perkins Park, the waterfront, the Clipper City Rail Trail, and more.

Features

  • Town: Newburyport
  • Parking: 2-car, Off Street, Tandem, Deeded, Driveway, Paved
  • Heating: Forced Air, Natural Gas, Individual
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
  • Year Built: 2025
  • Common Charge: $375 Monthly
  • Approx Sq. Feet: 1,761
  • Est. Taxes: $0
  • Pets Allowed: Yes
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood, Plumbed For Ice Maker
  • MLS#: 73314934
  • Website: https://www.raveis.com
    /prop/73314934/8milkstreet_newburyport_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Lynne Hendricks courtesy of Realty One Group Nest

Room Information

Type DescriptionLevel
Bedroom 2 Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Lighting - Overhead, Half Vaulted Ceiling(s)Second
Bedroom 3 Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - OverheadSecond
Dining Room Vaulted Ceiling(s), Flooring - Hardwood, Recessed Lighting, Lighting - PendantMain,First
Kitchen Bathroom - Half, Closet/Cabinets - Custom Built, Balcony - Interior, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Deck - Exterior, Open Floorplan, Stainless Steel Appliances, Wine Chiller, Gas Stove, Lighting - Sconce, Lighting - Pendant, Lighting - Overhead, Crown Molding, Flooring - Engineered HardwoodMain,First
Living Room Vaulted Ceiling(s), Flooring - Hardwood, Balcony / Deck, Open Floorplan, Recessed Lighting, Lighting - Overhead, Flooring - Engineered HardwoodMain,First
Master Bedroom Bathroom - Full, Vaulted Ceiling(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Lighting - Sconce, Lighting - OverheadMain,First

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Kate RockettVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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8 Milk Street, #B, Newburyport (Joppa), MA, 01950

$1,650,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,320,000 $1,320,000 $1,320,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.844% 6.597% 6.158%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,703 $8,343 $11,139
Total Monthly Payment $7,828 $8,468 $11,264

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.