This one-of-a-kind 7-bedroom, 8-bath home offers nearly 9, 000 sq. ft. of luxuriously finished living space, including a unique two-story accessory dwelling unit. The ADU suite spans over 2, 000 sq. ft. and features vaulted ceiling, loft space, dedicated laundry, 2 full baths and a private 1-car garage. The main house has 6 bedrooms, 6 baths, and a 2-car garage with one stall large enough for a boat or RV. Every detail has been meticulously crafted, with features like engineered hardwood floors, oversized imported tiles, crown molding, and custom cabinetry. The gourmet kitchen, complete with an oversized island and quartz counters, is perfect for entertaining. The open concept allows you to seamlessly flow from one space to the other. The first floor ensuite is perfect for guests and leads out onto the covered front porch. Other highlights include radiant heating in the game room, mudroom, and primary bath, two gas fireplaces, a bar with a wine refrigerator, and a sunken living room. The expansive four-season room opens to a large backyard, with plenty of space for outdoor entertaining and the potential for a pool. This exceptional home is located within the Hampstead School District and is part of the sought after Pinkerton Academy school district. This prime location offers easy access to Route 111 and Route 93, just 45 minutes from Boston, 30 minutes to the seacoast, and close to Salem’s vibrant Tuscan Village. Showings begin at the Open House Saturday 11AM-12: 30PM.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,040,000 | $1,040,000 | $1,040,000 |
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 | $1,622 | $1,622 | $1,622 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,987 | $6,574 | $8,776 |
Total Monthly Payment | $7,734 | $8,321 | $10,523 |
* 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.