Enjoy the best of Marblehead’s coastal lifestyle with this attractive Shingle-Style home on Marblehead Neck. Adjacent to the peaceful 20-acre Marblehead Neck Wildlife Sanctuary, this 3, 000-square-foot residence offers natural beauty and easy access to the area’s historic seaside culture. The open 1st floor is ideal for casual living and entertaining, featuring a seamless flow from the kitchen to the dining and family rooms. French doors lead to a large deck overlooking the sanctuary, a tranquil setting for outdoor enjoyment. The 2nd level has 3 spacious bedrooms, a full bath, and a convenient 2nd floor laundry. The 3rd floor - a primary suite with vaulted ceilings, walk-in closets, and full bath. The lower level - family/media room with bar, 1/2 bath & storage. A gated yard, front patio, and expanded walkway add charm and functionality. Just moments from Devereux Beach, Marblehead Harbor, and the town’s historic downtown, this home offers full access to beaches, yacht clubs, & more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,850,000
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 | $1,480,000 | $1,480,000 | $1,480,000 |
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 | $1,216 | $1,216 | $1,216 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,288 | $8,993 | $12,191 |
Total Monthly Payment | $9,629 | $10,334 | $13,532 |
* 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.