Discover the perfect blend of comfort and style at Parker Ridge! This bright and sunny 3+ bedroom corner unit with 2-car garage dazzles with a fantastically flowing floor plan, offering stunning tree-top views of the Merrimack River. Cook up a storm in the sleek kitchen, boasting stainless steel appliances and gleaming granite countertops, while the cozy fireplaced living and dining area beckons you to unwind or entertain with oversized windows overlooking private back yard conservation. Step out onto the expansive deck for a breath of fresh ocean kissed air and views of the Merrimack. A versatile first-floor bedroom is ready to be your master suite, while upstairs, a luxurious master suite, a guest suite, 2 bathrooms and a convenient laundry area with a cozy nook await. Walk out lower level boats incredible space, workshop and closets/storage galore. Pet-friendly and professionally managed, this gem is just minutes from Newburyport’s vibrant downtown, shops, and top-notch dining!
Type | Level |
---|---|
Bedroom 2 | Second |
Bedroom 3 | First |
Bedroom 4 | Basement |
Dining Room | First |
Kitchen | First |
Living Room | First |
Master Bedroom | Second |
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Our Executive Mortgage Banker:
Our Insurance Division:
$974,995
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $779,996 | $779,996 | $779,996 |
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 | $694 | $694 | $694 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,187 | $4,614 | $6,425 |
Total Monthly Payment | $4,973 | $5,400 | $7,211 |
* 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.