Completely renovated 5 bedroom, 3 bath. Extraordinary home build in 1917. Incredible workmanship.
Spacious designer kitchen w/ stainless steel appliances.
Large Living room, Dining Room, and fours bedrooms (second floor). Third floor master bedroom suite with full bath.
Close to town center, commuter rail, and Singing Beach.
4 minute drive to Singing beach, 20 minute walk (1.2 mile)
2 minute drive to Train station, 10 minute walk (0.6 mile)
2 minute drive to Town center, 9 minute walk (0.5 mile)
Off street parking.
Relax in the wonderful town of Manchester-by-the-Sea. Meticulously clean high-end rental.
Nice back yard. Easy access to hiking trails.
Keywords: five bedroom, near town, very clean, completely remodeled, beach, shopping
Why is the rental fee $3,950 per month for off-season.
House was appraised at 865,000 by Cape Ann Savings in 2017
Total Investment of $865,000
Interest on $950,000 @ 5% =$43,250/year
Taxes, Insurance, Maintenance = $22,000/year
Total Cost per year: $65,250
Total Cost per month: $5,437
If you want to rent this residence year round, the monthly rental fee is $5,500 per month