80 Puritan Rd, Swampscott (Phillips Beach), MA, 01907 | $1,175,000

Experience the coastal living in the much sought- after Puritan Rd location across from the Ocean, and near Eisman Beach. It is an amazing opportunity to own this two-family property for investment or owner occupied. Unit 1 has 3 bedrooms and 2 full bathrooms, with central AC, kitchen with granite countertops, open floor plan, hardwood floors, and lots of windows on both levels that allow plenty of natural light to come in. Unit 2 boasts 3 bedrooms, office and den, 1 full bath, ample living room and dining room with high ceilings. Beautiful hardwood floors throughout. From the dining room access to the second-floor deck to enjoy spectacular ocean and sky views. The property offers plenty of landscaped frontage with two separate driveways and car garages. Recent updates in the past 7 years: Roof, Stucco, Siding, Front Granite stairs, windows, 1st unit heat and A/C unit. Ample basement for storage. Short distance to Shopping Centers, Commuter Rail (20 min ride), and 14 miles to Boston.

Features

  • Town: Swampscott
  • Rooms: 13
  • Bedrooms: 6
  • Baths: 3 full / 2 half
  • Units: 2
  • Year Built: 1900
  • Garage: 2-car
  • Basement: Full
  • Approx Sq. Feet: 2,940
  • Acreage: 0.16
  • Est. Taxes: $13,102
  • Water Front: Yes
  • MLS#: 73315650
  • Website: https://www.raveis.com
    /prop/73315650/80puritanrd_swampscott_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 Demostenes Nunez courtesy of Tremont Realty Group, LLC   Phone: 781-780-5730

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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80 Puritan Rd, Swampscott (Phillips Beach), MA, 01907

$1,175,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $940,000 $940,000 $940,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $1,092 $1,092 $1,092
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,337 $5,864 $7,869
Total Monthly Payment $6,554 $7,081 $9,086

* 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.