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Presented by![]() The Peggy Patenaude Team |
Welcome to 57 Salem Street where timeless elegance meets modern sophistication in prime location adjacent to Phillips Academy! This exceptional residence showcases a whole-property renovation marked by the finest craftsmanship & materials, tasteful selections & high-end finishes. 14 rooms, each offering unique interest & inviting comforts, include gourmet kitchen w/13 foot granite island & top-of-the-line custom cabinetry & stainless appliances, all season sunroom w/French doors & vaulted-ceiling family room w/gas fireplace leading to Ipe walnut deck bathed in afternoon sun. Primary sanctuary suite expands over 800sf w/soaring ceilings, stunning en suite w/soaking tub & sitting room awash w/light & views. Notable exterior features include brick patio, oversized garage w/custom carriage doors & charming covered walkway. Endless amenities include whole-house generator. This exquisite property boasts beautifully manicured grounds & is only a short stroll to the acclaimed downtown Andover!
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Flooring - Hardwood, Recessed Lighting, Closet - Double | 11.0 x 20.0 | Second |
Bedroom 3 | Bathroom - Full, Closet, Flooring - Hardwood, Crown Molding | 12.0 x 18.0 | Second |
Bedroom 4 | Closet, Flooring - Hardwood, Crown Molding | 14.0 x 16.0 | Second |
Dining Room | Flooring - Hardwood, Chair Rail, Lighting - Sconce, Lighting - Overhead, Crown Molding | 14.0 x 16.0 | First |
Kitchen | Skylight, Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Wet Bar, Breakfast Bar / Nook, Cabinets - Upgraded, Recessed Lighting, Remodeled, Stainless Steel Appliances, Lighting - Pendant, Beadboard, Crown Molding | 18.0 x 28.0 | First |
Living Room | Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors, Lighting - Sconce, Crown Molding | 15.0 x 19.0 | First |
Master Bedroom | Bathroom - Full, Bathroom - Double Vanity/Sink, Skylight, Cathedral Ceiling(s), Closet - Linen, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Attic Access, Dressing Room, Recessed Lighting, Remodeled, Lighting - Sconce | 14.0 x 23.0 | Third |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,550,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 978.804.0811
Peggy.Patenaude@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,040,000 | $2,040,000 | $2,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.375% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.565% | 6.475% | 6.183% |
Monthly Tax Payment | $1,664 | $1,664 | $1,664 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,423 | $12,727 | $17,215 |
Total Monthly Payment | $13,212 | $14,516 | $19,004 |
* 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.