Offering extraordinary views from the best location in Monomoy, "Longevity" has been in the same family since 1949. Sited on a knoll high above the water line, this exclusive 1. 25 acre waterfront property features a seven bedroom, 6. 5 bath main house, an oversized two car garage with living quarters above and a boat house. The property is highlighted by its incomparable views of the entire Nantucket Harbor including stunning vistas across the harbor from Town to Brant Point to Coatue. The property’s northwest orientation allows for unobstructed views of fabulous sunsets, the vibrant activity of the harbor boat scene, as well as providing front row viewing of the various firework displays throughout the season. There is approximately 175' of water frontage with a gently sloping path/driveway to the water and a private sandy beach along the shore. The secluded beach provides access to the harbor for the enjoyment of water sports activities, including boating, swimming, sunbathing, kayaking, canoeing and paddle boarding. The grandfathered 224 sf boat house sits down by the shoreline. An updated survey shows the location of house, garage and boathouse as well as the proposed 16'x25' pool and 500sf pool house. The owner recently obtained the Notice of Intent (NOI) approval from ConCom for the pool and pool house. Key features of this beautiful property are its elevated setting, the grandfathered status of the siting of the structures and the height of the main house. EXCLUSIONS: Dining Room chandelier light fixture; all “LONGEVITY” signs and quarter boards.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$31,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@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.Alvarez@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 | $25,596,000 | $25,596,000 | $25,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $145,331 | $157,599 | $212,552 |
Total Monthly Payment | $145,456 | $157,724 | $212,677 |
* 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.