NEW CONSTRUCTION Luxury Home, available Fall 2025! From one of the most esteemed local builder/design teams in Newburyport, this exceptionally crafted home is sited on a spacious lot in a sweet neighborhood just off historic High Street. Premium WOLF Gas Range & Hood, couple with a top-of-the-line SUBZERO refrigerator to anchor this stunning Chef's Kitchen design. High ceilings, Venetian plastered walls, white oak floors, & carefully curated fixtures and hardware create a standout Boho vibe. Stunning primary suite&bath, with a private office enclave, plus 2 spacious BRs are just the beginning with this impeccable design. a stones throw from top-rated schools and in close proximity to downtown's boutique shops and restaurants. Make your home in one of the city's most desirable neighborhoods! Sales price includes the construction of the concept home pictured in the attached drawings, with some opportunity to add or make changes that could effect the pricing.
Type | Description | Level |
---|---|---|
Bedroom 2 | Second | |
Bedroom 3 | Second | |
Dining Room | Flooring - Hardwood, Lighting - Pendant | Main,First |
Kitchen | Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Stainless Steel Appliances, Wine Chiller | Main,First |
Living Room | Closet/Cabinets - Custom Built, Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Lighting - Sconce | Main,First |
Master Bedroom | Second |
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,596,000 | $1,596,000 | $1,596,000 |
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 | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | $499 | $499 | $499 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,937 | $9,697 | $13,147 |
Total Monthly Payment | $9,561 | $10,321 | $13,771 |
* 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.