Presented byJohn Arena |
Oasis nestled on the outskirts of town. . . this unique compound offers a perfect blend of privacy and convenience, just a short distance from upper Main Street. The property includes a comfortable four bedroom main house, a charming 2-bedroom cottage, and a host of outdoor amenities perfect for both relaxation and entertaining. The main house features an open first floor layout, first and second floor primary suites and a finished lower level, providing ample space for family and guests. The cottage features an unfinished lower level that could be transformed into additional living space (with an additional bedroom and bathroom); an open living first floor with two French doors leading from the living area to the front deck, inviting natural light and offering the perfect spot to relax or entertain; and a large primary suite on the second floor. Outside, boasts a sparkling pool, outdoor shower, a cozy fire pit area, and a cabana with an open-window bar and built-in grill ideal for enjoying summer evenings. Whether you're seeking a family compound, a rental investment, or a combination of both, this property offers endless possibilities. With its prime location at the top of Main Street, you’ll enjoy the serenity of a peaceful setting while being just moments from Nantucket’s renowned shops, restaurants, and beaches.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$8,995,000
Broker Associate
William Raveis Real Estate
Phone: 617.771.3511
John.Arena@Raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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 | $7,196,000 | $7,196,000 | $7,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.746% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $42,567 | $45,484 | $60,724 |
Total Monthly Payment | $42,692 | $45,609 | $60,849 |
* 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.