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Presented by![]() David Cutler |
Massive equity opportunity. Welcome to a remarkable contemporary home on Forest Ave, set on nearly 5 acres of peaceful land bordered by conservation property. This 10-room, 6-bedroom, 3. 5-bath residence is highlighted by the master bathroom with vaulted ceilings and a wall of glass facing the woods. Enjoy the four-season nook, tall ceilings in the finished basement, and outdoor spaces like the large front deck and balconies off the master and living room. Located just half a mile from the beach with sidewalks all the way, across from Wheelwright Park, and close to the commuter rail, it offers both convenience and tranquility. With an oversized garage and plenty of garden space, this property has incredible equity potential—perfect for buyers looking to enhance a unique home in a prime location. All this home needs is a vision and someone will end up with a privately located home in one of the most prestigious towns in all of Massachusetts. Easy to show!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,650,000
Sales Associate
William Raveis Real Estate
Phone: 781.820.0672
David.Cutler@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 339.224.0866
Scott.Petersen@raveis.com
NMLS Mortgage Loan Originator ID 32556
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,320,000 | $1,320,000 | $1,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.517% | 6.235% | 6.058% |
Monthly Tax Payment | $1,234 | $1,234 | $1,234 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,289 | $8,020 | $11,050 |
Total Monthly Payment | $8,648 | $9,379 | $12,409 |
* 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.