Presented bySarah Harrington |
Step into an English country setting in the heart of the McIntire District! Built in 1897 for Seth Lowe of Shreve, Crump and Lowe fame, this home offers elegant space for entertaining as well as private enjoyment. The first floor is a classic layout with entry foyer, fireplaced living room with gorgeous bay window, formal dining room, and cherry kitchen with granite counters and quarry-tiled floor. The second floor includes a primary bedroom suite with marble bath, and two other spacious bedrooms. The third floor offers two bedrooms and a vintage bathroom with claw foot tub and original towel racks! The back door by the kitchen opens up to a Cotswold-styled setting with opulent garden, secluded patio and carriage house built by former mayor Henry Benson to house his horseless carriage! The ground floor of the carriage house is both garage space and a charming garden shed. Upstairs is a heated guest room with working fireplace and full bath. Close to Salem's downtown and commuter rail
Type | Description | Level |
---|---|---|
Bedroom 2 | Closet, Flooring - Hardwood | Second |
Bedroom 3 | Closet, Flooring - Hardwood | Second |
Bedroom 4 | Closet, Flooring - Hardwood | Third |
Dining Room | Flooring - Hardwood, Window(s) - Stained Glass | First |
Kitchen | Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid | First |
Living Room | Flooring - Hardwood, Window(s) - Bay/Bow/Box | First |
Master Bedroom | Closet, Flooring - Hardwood | Second |
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,325,000
Sales Associate
William Raveis Real Estate
Phone: 508.517.8019
Sarah.Harrington@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 | $1,060,000 | $1,060,000 | $1,060,000 |
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 | $1,036 | $1,036 | $1,036 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,690 | $6,270 | $8,732 |
Total Monthly Payment | $6,851 | $7,431 | $9,893 |
* 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.