|
249 Madaket Road, Nantucket (Madaket), MA, 02554 | $2,395,000
A Little Slice of Heaven in Madaket! Discover the perfect opportunity to enter the Nantucket market with this charming beach cottage, ideally situated in the heart of Madaket. With over 2, 000 square feet of well-designed living space, this 2+ bedroom, 3 full bath home captures the essence of relaxed island living. Enjoy easy access to Hither Creek and Madaket Harbor, where kayaking, fishing, scalloping, and unforgettable sunset cruises await. Set on a private lot surrounded by unspoiled natural beauty, the home offers a peaceful retreat with ample space to unwind—both indoors and out. Embrace the laid-back lifestyle of old Nantucket with tranquil surroundings, spectacular sunsets, and pristine beaches just moments away. Millie’s Restaurant is nearby for delicious fare in a casual setting, and the adjacent general store stocks a variety of essentials—not least of all, two island favorites: wine and ice cream. Adventure beckons at Smith’s Point, while the bike path to town and west-end beaches is conveniently located across the street. Nantucket’s Wave bus service also provides easy and reliable transportation for homeowners and guests alike. This inviting island retreat presents a serene escape with endless potential for personal enjoyment and entertaining.
Features
- Town: Nantucket
- Rooms: 6
- Bedrooms: 2
- Baths: 3 full
- Year Built: 1981
- Heating: Gas\FHA
- Basement: An interior staircase off the main hallway leads to the basement area, providing convenient access to additional space. The utility room houses essential systems, including an updated HTP propane furnace, AO Smith hot water tank, Flex 2 Pro well tank, and fan coil air handler, ensuring efficient home operation. For added accessibility, the basement also features an exterior bulkhead entrance, offering easy access to the outdoors.
- Acreage: 0.5375
- Property#: 91979
- Days on Market: 3 days
- Website: https://www.raveis.com
/prop/91979/249madaketroad_nantucket_ma?source=qrflyer
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
249 Madaket Road, Nantucket (Madaket), MA, 02554
$2,395,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,916,000 | $1,916,000 | $1,916,000 |
| 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% | 6.739% | 6.309% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,030 | $12,268 | $16,298 |
| Total Monthly Payment | $11,155 | $12,393 | $16,423 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630