This turnkey side-by-side two-family home offers stunning ocean views from both the front and rear, as well as impressive views of the Boston skyline. Each unit features two bedrooms, one full bath, hardwood floors, wood-burning fireplaces, and updated kitchens with granite countertops. Both units have private second-floor decks off the primary bedrooms. Unit A adds the luxury of a sauna, while Unit B boasts an additional rooftop deck with private stairs. Currently operated as fully furnished vacation rentals, this property offers excellent investment potential with flexible short-term rental options. Both units can remain as vacation rentals, or one can be owner-occupied while generating income from the other. The 4, 000 sq ft lot includes parking for three vehicles, a garage, and a private backyard leading to the ocean. Steps from Yirell Beach and close to Logan Airport and public transit, this home combines coastal living with easy city access.
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William Raveis Real Estate
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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 | $799,600 | $799,600 | $799,600 |
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 | $739 | $739 | $739 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,540 | $4,988 | $6,694 |
Total Monthly Payment | $5,370 | $5,818 | $7,524 |
* 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.