*LAND VALUE: $1. 5M. HOUSE VALUE: ONLY $220/SQ. FT!!! Best deal per square foot in Lynnfield!!This magnificent and stately home has been completely renovated and boasts a private main level master bedroom with walk-in closet and luxurious master bath. Master bath includes stone-lined shower stall and soaking tub perfect for relaxing after a long day. Kitchen is complete with top-of-the-line gas stove, refrigerator and other appliances. Oversized granite island is perfect for cooking meals at home or informal dining. Living and family room are equipped with a fireplace and are perfect for entertaining. Vaulted ceilings in living room create a grand atmosphere. Walk down into the finished basement where you will find a large entertainment room, game room, and in-house gym. Walk out basement leads to backyard pool with newly-built deck. Hidden wine cellar and pantry also add to the grandeur of this home. Home also includes spacious three car garage and professional landscaping.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,374,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $2,699,200 | $2,699,200 | $2,699,200 |
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 | 6.550% | 6.220% | 5.781% |
Monthly Tax Payment | $1,593 | $1,593 | $1,593 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,115 | $16,401 | $22,234 |
Total Monthly Payment | $16,833 | $18,119 | $23,952 |
* 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.