Charming cape-cod style home set back behind the locust trees. This spacious home features 6+ rooms and 2 baths. The first floor offers front-to-back living room w/built in shelves, a fireplace & bay window overlooking the yard. The dining room has 2 built in china cabinets & closet for extra storage. The family room is large and dramatic, featuring a slightly vaulted ceiling and a sliding glass door that opens to the yard. The eat-in kitchen has white cabinets, granite countertops, adjacent to the sunroom with a sliding glass door leading to the deck. Additionally, there is a full bath on this level. The second floor consists of two nice sized bedrooms with ample closet space, a smaller third bedroom or office, & a hallway bath. The home includes a one-car garage underneath & additional parking for two cars in the driveway. The beautiful yard is filled with mature evergreens and trees & abuts Bud Orne Park. Close to Stramski and Grace Oliver Beach & easy access to Salem.
Type | Description | Level |
---|---|---|
Bedroom 2 | Closet, Flooring - Laminate | Second |
Bedroom 3 | Closet, Flooring - Hardwood | Second |
Dining Room | Closet, Flooring - Hardwood | First |
Kitchen | Slider, Flooring - Engineered Hardwood | First |
Living Room | Flooring - Hardwood, Window(s) - Bay/Bow/Box | First |
Master Bedroom | Closet, Flooring - Laminate | Second |
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Our Executive Mortgage Banker:
Our Insurance Division:
$779,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $623,920 | $623,920 | $623,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $478 | $478 | $478 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,256 | $4,147 | $5,262 |
Total Monthly Payment | $4,826 | $4,717 | $5,832 |
* 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.