Exciting New Townhouse Development in Beverly Cove! Don't miss this rare opportunity to add custom touches to your dream home in a fantastic location! An expansive open-concept first floor with high ceilings and tons of natural light welcomes you with a seamless flow between the living and dining areas. The eat-in kitchen will be equipped with stainless steel appliances, quartz countertops, ample cabinet and pantry space, and an amazing oversized island with seating for 4+! The 2nd floor will feature 3 spacious bedrooms, including a large custom closet and luxurious walk-in shower in the primary suite. Enjoy the convenience of a private fenced-in yard, perfect for gardening, relaxing or entertaining, all while being just moments away from Woodbury Beach, Dane Street Beach, Downtown Beverly and the Commuter Rail! CONSTRUCTION EXPECTED TO BE COMPLETED IN DECEMBER 2024. LISTING PICTURES ARE RENDERINGS REPRESENTATIVE OF THE FINAL FINISHES.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 | $719,200 | $719,200 | $719,200 |
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 | $332 | $332 | $332 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,140 | $4,546 | $6,069 |
Total Monthly Payment | $4,564 | $4,970 | $6,493 |
* 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.