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5 Water Street, Rear, #D, Newburyport, MA, 01950 | $895,000
There is nothing else like it available in downtown Newburyport. 2 bedrooms, 2 bath condominium, one brick fireplace, 991 sq ft living area with views of downtown Newburyport as well as a private 240 sq ft outdoor roof top deck with new Trex decking and a direct view of the Merrimac River and Waterfront Park. This two-story unit comes with one deeded parking space and has been completely renovated. New insulated/ sound reducing windows, remodeled kitchen with custom cabinets, quartz countertop and new appliances. Completely new bathrooms (tiled floors and showers, vanities and countertops), new stackable washer and dryer. Oak hardwood floors have been sanded and refinished. Only 3 residential units in the building. There is a dumbwaiter accessible only to the three residential units. If you've ever dreamt of living in beautiful Downtown Newburyport this unit is in the heart of everything this small city has to offer. Don't miss this opportunity to own this very special unit.
Features
- Parking: 1-car, Off Street, Deeded
- Heating: Heat Pump, Electric
- Cooling: Heat Pump
- Levels: 2
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station
- Rooms: 4
- Bedrooms: 2
- Baths: 2 full
- Laundry: Third Floor, In Unit
- Complex: The Ferry Wharf Building
- Year Built: 1800
- Common Charge: $635 Monthly
- Approx Sq. Feet: 991
- Est. Taxes: $6,988
- Water Front: Yes
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- MLS#: 73298356
- Website: https://www.raveis.com
/prop/73298356/5waterstreet_rear_newburyport_ma?source=qrflyer
Listing by Richard Sullivan courtesy of EXP REALTY LLC Phone: 888-854-7493
Room Information
| Type | Level |
|---|---|
| Bedroom 2 | Fourth Floor |
| Dining Room | Third |
| Kitchen | Third |
| Master Bedroom | Third |
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Kate RockettVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1500191
617.281.4872
Kate.Rockett@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Nicole Vargas, William Raveis Insurance
978.995.0316
Nicole.Vargas@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5 Water Street, Rear, #D, Newburyport, MA, 01950
$895,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Kate Rockett
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 | $716,000 | $716,000 | $716,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
| Monthly Tax Payment | $582 | $582 | $582 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,065 | $4,467 | $5,994 |
| Total Monthly Payment | $4,739 | $5,141 | $6,668 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630