Incredible opportunity to acquire this esteemed property! The 44,000 sqft mansion was built in 1903 and has been beautifully maintained over the last three generations by the same family. Known as the Sea View Manor, this property was used as a continuing care retirement rehabilitation facility. The mansion is situated on 10.39 acres and includes an additional 39.25 acres with residential development potential, totaling 49.64 acres. There are incredible views of Ipswich Bay, Plum Island Sound and Halibut Point Reservation. Additional opportunity to acquire abutting parcels for future expansion. Ideally located only 1 mile from route 1A and 6 miles from Interstate 95.
50 Mansion Dr, Rowley, MA, 01969
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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