Welcome to luxurious, active 55+ living at Ocean Meadow in West Newbury! This stunning condo offers one of the only 3-season porches in the community, with breathtaking views of nature year-round. Spacious, open-concept layout with hardwood flooring includes a first-level primary suite featuring triple closets, lavish en-suite bath with an oversized ceramic-tiled shower and double vanity. Living room boasts a gas fireplace, cathedral ceiling, and built-in shelves. Chef's kitchen with central island, ample cherry cabinets, and stainless steel appliances. Upstairs, enjoy a loft area, second bedroom, and full bath. Walkout lower-level has plumbing for bath and plenty of additional space. Attached 2 car garage. Central a/c. Access to trails and a community garden. Easy condo living with low fees covering maintenance, landscaping, snow removal, and more. Close to I-95, Newburyport, beaches and medical facilities. Pets allowed. Showings by appt.
Type | Description | Level |
---|---|---|
Bedroom 2 | Bathroom - 3/4 | Second |
Dining Room | Main,First | |
Kitchen | First | |
Living Room | Cathedral Ceiling(s) | Main,First |
Master Bedroom | Bathroom - 3/4, Bathroom - Double Vanity/Sink, Closet, Flooring - Wall to Wall Carpet | First |
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Our Executive Mortgage Banker:
Our Insurance Division:
$865,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $692,000 | $692,000 | $692,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $767 | $767 | $767 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,875 | $4,261 | $5,746 |
Total Monthly Payment | $4,734 | $5,120 | $6,605 |
* 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.