This 1920's gem is a classic summer cottage located within the hamlet of homes between Hinckley and Gosnold Roads along Nantucket Sound. This special pocket is protected by a belt of conservation land that enhances the quietude of this coveted Cliff location. Rich in historic character and charm, the existing house affords an opportunity to bridge time from past to present while keeping a touch of old Nantucket. The shared deeded beach is just a few hundred yards away with a path over the dune. With two pre-existing structures this 14,300 sqft lot is 81L eligible. As one parcel, the R20 lot allows 12.5% of the lot size for groud-cover. Permitted six (6) bedroom septic and potential for seven (7) or two systems with subdivision.
1 East Hallowell Lane, Nantucket, (Cliff), MA, 02554
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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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