Significant price reduction. Today is your lucky day! Proudly sited at the tip of a serene peninsula; this waterfront retreat offers privacy and breathtaking water views from every room. It is securely protected by a brand-new (2024) seawall, boasting the same construction credentials as Gloucester's renowned promenade wall, The Boulevard. Imagine seeing the sun rising over the harbor, its golden rays dancing on the water, filling your home & life with light. Each room in this thoughtfully sited residence frames spectacular views, creating a living experience that feels both peaceful and majestic. Whether you're enjoying your morning coffee on the patio or unwinding in the evening with the sound of the changing tides against the shore, this home offers a constant connection to the beauty of Gloucester Harbor and all its marine activities. The interior spaces await your personal touch, where you’ll have a front-row seat for the fireworks, schooner sails, and city lights.
Type | Description | Level |
---|---|---|
Bedroom 2 | Closet | First |
Bedroom 3 | Closet | First |
Dining Room | Flooring - Stone/Ceramic Tile, Balcony - Exterior, Open Floorplan | Second |
Kitchen | Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box | Second |
Living Room | Skylight, Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Open Floorplan | Second |
Master Bedroom | Bathroom - Full, Skylight, Ceiling Fan(s), Closet, Flooring - Hardwood, Balcony - Exterior | Third |
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $1,599,200 | $1,599,200 | $1,599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $1,572 | $1,572 | $1,572 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,955 | $9,847 | $13,280 |
Total Monthly Payment | $10,652 | $11,544 | $14,977 |
* 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.