This stunning new construction townhouse is set in the Wheelers Point neighborhood of Gloucester, a serene and beautiful area bordering the Annisquam River. This unit offers the ideal first floor layout with a spacious open floorplan consisting of a living room with fireplace and built-ins, a dining area and an impressive kitchen anchored by the double island. The main living level also has a half bath with laundry and a primary suite with large walk-in closet and a spectacular bathroom with an oversized tiled shower. The second floor consists of two ample-sized bedrooms, a full bath and an open area perfect for a kids playroom, teen game room or home office. The exterior has just the right amount of yard space and a spacious patio with some peaks of the river. This amazing location not only offers a peaceful setting while also providing easy access to Route 128 and downtown Gloucester, but there is also direct river access right in the neighborhood at Corliss Landing.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Closet, Flooring - Hardwood | 11.0 x 17.0 | Second |
Bedroom 3 | Closet, Flooring - Hardwood | 11.0 x 17.0 | Second |
Dining Room | Flooring - Hardwood, Open Floorplan, Recessed Lighting, Crown Molding | 10.0 x 15.0 | First |
Kitchen | Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances, Lighting - Pendant, Crown Molding | 17.0 x 17.0 | First |
Living Room | Flooring - Hardwood, Open Floorplan, Recessed Lighting, Crown Molding | 15.0 x 17.0 | First |
Master Bedroom | Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Crown Molding | 15.0 x 20.0 | First |
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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 | $839,200 | $839,200 | $839,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,831 | $5,304 | $7,082 |
Total Monthly Payment | $4,956 | $5,429 | $7,207 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.