Discover coastal living at its finest in this beautifully designed 4-bedroom, 3-bathroom condo, offering breathtaking waterfront views of Wingaersheek Beach and the prestigious Annisquam Yacht Club. This seaside retreat is perfectly situated for those who love the ocean, with direct access to a deep-water dock, ideal for boating enthusiasts. The open floor plan is flooded with natural light, showcasing panoramic water vistas from nearly every room. The spacious living area flows seamlessly to a private deck, creating a perfect setting for entertaining or enjoying serene sunsets over Gloucester’s coastline. Each bedroom is generously sized, with the primary suite featuring an en-suite bath and captivating water views. This property offers the best of both worlds: coastal beauty, comfortable living, and the convenience of nearby amenities. Enjoy Gloucester's rich maritime history, outdoor activities, and proximity to the vibrant city life of Boston, just a short drive away.
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$8,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $6,400 | $6,400 | $6,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $43 | $43 | $54 |
Total Monthly Payment | $118 | $118 | $129 |
* 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.