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Welcome to the heart of Newburyport's South End! 75 Purchase St. is an updated home abutting Hale Park, where you'll enjoy wintertime water views from the 2nd floor deck; reading and Storytime next door at the Emma Andrews Library; seasonal blooms in the Beacon Hill-style gardens; July 4th barbeques on the generous terrace; and an open-concept layout that's perfect for entertaining. This gem of a home features a contemporary kitchen with quartz countertops, a custom island with convenient prep sink, and a powder room. Relax by the living room's gas fireplace and one-of-a kind marble mantelpiece, because so much of the work on this house has been done. Downstairs you will find the beautifully finished media room and full bath, which doubles as a guest suite. Upstairs are 3 sunny spacious bedrooms and home office along with 2 full baths, one of which is the primary's ensuite. Walkup Attic and 2 off street parking. Plum Island and its glorious beaches are a five-minute scenic drive away.
Type | Description | Level |
---|---|---|
Bedroom 2 | Flooring - Wood | Second |
Bedroom 3 | Flooring - Wood | Second |
Bedroom 4 | Flooring - Wood | |
Dining Room | Flooring - Wood, Window(s) - Bay/Bow/Box | First |
Kitchen | Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Wet Bar, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled | First |
Living Room | Flooring - Hardwood | First |
Master Bedroom | Bathroom - Full, Skylight, Vaulted Ceiling(s), Flooring - Hardwood, Balcony / Deck | Second |
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,650,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.309% |
Monthly Tax Payment | $916 | $916 | $916 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,599 | $8,452 | $11,228 |
Total Monthly Payment | $8,640 | $9,493 | $12,269 |
* 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.