4 Marble Way, Nantucket, MA, 02554 | $2,100,000

This home is a recently renovated opportunity for a family looking for a work-life structure, or someone looking for an additional living structure. There is over 1, 000 sq ft of additional ground cover available and the property includes architectural plans for an additional 3-bedroom structure with a garage, plans attached to the listing. A town sewer connection is available on the property. This commercially zoned property in CTEC zoning (see zoning use chart) is ideally near the Montessori Children's House, Miacomet Golf Course, Bartlett Farm, and Cisco Beach. Boasting three bedrooms, two full bathrooms, and a greenhouse attached to the house in the residential portion and below, the expansive 972 sq ft lower level with high ceilings beckons entrepreneurs with commercial potential. Whether envisioning a fitness gym, office space, contractor shop, or more, this property presents endless opportunities for both residential living and commercial success in one location.

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Style: Cape
  • Year Built: 1975
  • Heating: Hot Water
  • Cooling: None
  • Basement: Full
  • Approx Sq. Feet: 3,600
  • Acreage: 0.17
  • Est. Taxes: $4,364
  • School District: Nantucket
  • Appliances: Tankless Water Heater
  • MLS#: 22402154
  • Website: https://www.raveis.com
    /prop/22402154/4marbleway_nantucket_ma?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@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
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  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@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

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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4 Marble Way, Nantucket, MA, 02554

$2,100,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

Sarah Alvarez

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 $1,680,000 $1,680,000 $1,680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $364 $364 $364
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,539 $10,481 $14,064
Total Monthly Payment $10,028 $10,970 $14,553

* 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.