Welcome to this stately 5-bedroom turn-key home, boasting an expansive layout and prime location in Wakefield. This residence, complete with 4 full bathrooms and an en suite master bedroom, offers luxurious living with modern conveniences, perfect for both families and investors. New 5 Bedroom Septic September 2024. Enjoy the seamless flow between the kitchen, living room, and dining room, ideal for entertaining and family gatherings. The lower level's wide, open design makes it perfect for hosting and smooth traffic flow. Master Suite: The ensuite master bedroom features its own private deck, providing a peaceful retreat with stunning views. Living spaces: There are three separate living areas, making it ideal for entertaining and accommodating large groups. Outdoor Living Space: Front and rear decks offer ample outdoor space for relaxation and socializing, as well as a private backyard with a patio and fire pit area. Modern Amenities: This home comes equipped with a full-house generator, an in-ground sprinkler system, and a two-car attached garage, and potential ADU on lower level, enhancing the property's versatility. Parking: A two-car attached garage and open, abundant parking for family and guests. Whether you're seeking a spectacular family home or a solid investment property, this property is a MUST SEE. This home is in a great location with easy access to local beaches, restaurants, and shops. Pro-forma available, academic lease thru May 2025.
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$995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.902% | 6.360% | 6.056% |
Monthly Tax Payment | $616 | $616 | $616 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,520 | $4,901 | $6,663 |
Total Monthly Payment | $5,228 | $5,609 | $7,371 |
* 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.