Extraordinary location on Plaice Cove Beach. Rare opportunity. Exceptionally large, . 33 acre lot, with concrete stairs down to the clean, quiet, sandy beach. This quintessential beach house sits deeply back on the lot and high above sea level, with no history of flooding or storm damage. Recent improvements are all top of the line, highest quality material and craftsmanship. Masterfully designed, totally private guest suite with separate entrance, sitting area, 2 bedrooms, 1 1/2 bath, laundry, ensuite with custom dressing area, closet, spa inspired soaking tub, and custom tile work. Ocean facing main house features: an open concept kitchen, living, dining area, library and full bath on the first floor; two bedrooms, 2 full baths, 2 balconies and a sitting area on the second floor; and on the top floor a unique space with a ship-like feel, with covered decks facing the ocean and marsh, vaulted ceilings, and 1/2 bath. Impressive lower level consists of a full basement, art studio, laundry and abundant storage. On the ground level off the garage, you have a full beach bathroom which you can access from exterior and interior, and a mudroom with a large cedar closet. Landscape and hardscape improvements provide enhanced privacy, abundant parking, new lighting and a paver driveway engineered and graded to ensure efficient drainage. Highlights include: heated 2 car garage, new roof, upgraded HVAC, whole house generator, irrigation and alarm/exterior camera systems.
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$4,950,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,960,000 | $3,960,000 | $3,960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $3,162 | $3,162 | $3,162 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,258 | $23,425 | $32,620 |
Total Monthly Payment | $24,545 | $26,712 | $35,907 |
* 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.