4,000 + Sq. Ft. Residential Home with Ancillary Unit **By-Right** or an Existing 4,519 Sq. Ft. including 512 Sq. Ft. Surface Patio Restaurant ** By-Right**. Rebuild or Replace Existing Structure. Zoning Laws also enable this property to apply for a Special Permit for a different use such as Multiple Residential Units or another type of Business which could possibly lead to an increase in structural size. Legal Opinion Letter available to Qualified Buyers. Also known as 2 Sunset Drive, Corner Lot with Frontage on Both Plum Island Blvd and Sunset Drive, Plum Island crossroads. Your new 4,000 - 5,000 + Sq. Ft. home mere minutes to the Ocean, some of the best Sunsets in the Newburyport area. The island is named for the wild beach plum shrubs that grow on its dunes. Proximity to Downtown Newburyport, Strong Demographics, NOT just a Seasonal Destination.
2 Plum Island Blvd., Newbury, (Plum Island), MA, 01951
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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