16 Water Street, Danvers, MA, 01923 | $499,900

Welcome to 16 Water St - an adorable 3bd, 1. 5 bath gem in the fantastic community of Danvers - finally, a place to call your own is within reach! Perfectly sized for cozy living, this home offers a functional layout to maximize space. Main level features an eat-in kitchen, half bath, bright living room and main level laundry! Upstairs you will find 3 bedrooms, including the primary with double door closet space!, and a full bathroom. The huge yard is a standout feature. 7840 square feet of fenced-in land make possibilities endless - host, play, garden, build an epic she-shed or man cave!, etc!. Home has been well-maintained and is immaculate. Updates have been made throughout - furnace is less than 5 yrs old. Basement is full, clean and dry - great for storage! Close to parks, schools and shopping - a great place to settle down, grow some roots and stop paying rent! A truly superb value for a home in such good condition in a wonderful community!

Features

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, Marina, Private School, Public School
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Laundry: First Floor
  • Style: Colonial
  • Year Built: 1865
  • Basement: Full, Bulkhead, Sump Pump, Concrete, Unfinished
  • Approx Sq. Feet: 1,050
  • Acreage: 0.18
  • Est. Taxes: $5,270
  • Lot Desc: Level
  • Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator
  • MLS#: 73322841
  • Website: https://www.raveis.com
    /prop/73322841/16waterstreet_danvers_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 Nicole Hanlon courtesy of Lyv Realty   Phone: 978-533-8000

Room Information

Type Level
Bedroom 2 Second
Bedroom 3 Second
Kitchen First
Living Room First
Master Bedroom Second

William Raveis Family of Services

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Customer Service

888.699.8876

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

16 Water Street, Danvers, MA, 01923

$499,900

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,920 $399,920 $399,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 7.000% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.330% 7.182% 6.412%
Monthly Tax Payment $439 $439 $439
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,661 $2,661 $3,402
Total Monthly Payment $3,175 $3,175 $3,916

* 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.