Welcome to the stunning oceanfront estate tucked away on Straw's Point in Rye, New Hampshire. Get ready to be swept away by its rich history and breathtaking views of the Atlantic Ocean. Sitting majestically at 17 Straw's Point, this impressive residence covers over 10, 000 square feet of pure luxury. Crafted with care by local artisans, every corner of this exceptional home has been thoughtfully designed over two years, completed in 2018. Perched right at the tip of the point, this estate offers unbeatable views spanning from Kittery Point to the north, Isle of Shoals to the east, and Cape Ann and Gloucester, Massachusetts to the south. Each room in this architectural gem showcases meticulous attention to detail, radiating sophistication and class. This is truly a once in a lifetime chance to own arguably the finest oceanfront lot on the NH Seacoast improved with this amazing masterpiece! If you're looking for ultimate luxury living experience along the income tax free New Hampshire Seacoast, look no further. This outstanding home is packed with features that you need to see in person to truly appreciate. Please bear in mind private viewings are reserved for pre-qualified buyers.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $17,600,000 | $17,600,000 | $17,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.014% | 6.915% |
Monthly Tax Payment | $4,019 | $4,019 | $4,019 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $108,366 | $115,619 | $155,744 |
Total Monthly Payment | $112,510 | $119,763 | $159,888 |
* 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.