NEW CONSTRUCTION!!! Welcome to this stunning house at 260 Salem St in Andover. The gourmet kitchen includes a walk-in pantry, designer custom cabinetry with beautiful countertops, commercial stove/oven and a refrigerator/freezer built-in. The first floor includes a dinning room, living room and breakfast area with access to a back deck and yard. Large Primary suite w/ custom walk-in double closet, laundry room and family room. Three ensuite bedrooms w/ full bath and stunning vanities. Walk down into the finished basement where you will find a large entertainment room and a wine cellar. A three car oversized garage. Easy access to downtown Andover, Phillips Academy, with miles of Avis Conservation land and access to highways. Grass virtually added.
Type | Description | Level |
---|---|---|
Bedroom 2 | Bathroom - Full, Flooring - Hardwood | Second |
Bedroom 3 | Bathroom - Full, Flooring - Hardwood | Second |
Bedroom 4 | Bathroom - Full, Flooring - Hardwood | Second |
Dining Room | Flooring - Hardwood | First |
Kitchen | Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony / Deck, Kitchen Island, Gas Stove | First |
Living Room | Bathroom - Half, Closet, Flooring - Hardwood, Crown Molding | First |
Master Bedroom | Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood | Second |
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,749,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,199,920 | $2,199,920 | $2,199,920 |
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 | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $1,576 | $1,576 | $1,576 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,319 | $13,367 | $18,121 |
Total Monthly Payment | $14,020 | $15,068 | $19,822 |
* 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.