Presented byDebra Goldberg |
Fabulous opportunity to live in historic downtown Salem off the Commons in a turn-key totally renovated home. Rare three-car parking with two driveways. This property with R2 zoning, offers three en-suite bedrooms with full baths, two with walk-in closets; an open floor-plan kitchen, living room and dining room with room for an island. Also a half bath and washer and dryer are off the kitchen. The outside space has room to be creative with a grilling area and outdoor furniture for a little "oasis" for entertaining. The walk-out basement to the lower driveway would be perfect for an in-home office, a little shop or conversion to a studio apartment (owner/builder could do that for the right price if you wanted income property). Just a short distance to the commuter rail, Salem U. , Salem Hospital, highways & shopping centers, living blocks away from all that Salem has to offer - waterfront, museums, restaurants, shops, the harbor and so much more. Holding offers til Monday at 5: 00 pm.
Type | Description | Level |
---|---|---|
Bedroom 2 | Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood | Second |
Bedroom 3 | Bathroom - Full, Flooring - Wall to Wall Carpet | Third |
Dining Room | Flooring - Hardwood, Open Floorplan, Lighting - Overhead | First |
Kitchen | Closet/Cabinets - Custom Built, Countertops - Stone/Granite/Solid, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove | First |
Living Room | Ceiling Fan(s), Flooring - Hardwood, Open Floorplan | First |
Master Bedroom | Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Cable Hookup | Second |
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$829,000
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William Raveis Real Estate
Phone: 781.771.8189
Debra.Goldberg@raveis.com
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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 | $663,200 | $663,200 | $663,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.003% | 6.234% | 5.805% |
Monthly Tax Payment | $451 | $451 | $451 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,662 | $4,030 | $5,463 |
Total Monthly Payment | $4,205 | $4,573 | $6,006 |
* 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.