In the heart of Monument Beach Village is this mixed use 2, 440 square foot commercially zoned property. The building sits on a 5, 000 square foot parcel with an outdoor shower, an out building and additional storage spaces. The first floor office currently houses a full service printing company and presents the perfect opportunity for walk-in customers. The square footage does not include the walk out basement which could serve as storage or office space. The 2nd and 3rd floor contain 3 bedrooms/2 baths and 1, 464 square feet of residential space. From the 3rd floor, there are breathtaking views of Buzzards Bay and the Cape Cod Canal from either the inside or from the gorgeous cantilever deck! This property is located in a busy village setting and down the street from popular Monument Beach and its marina. Across the street is a beautiful neighborhood park containing a picnic area, pickle ball/tennis/basketball courts, a playground and a small beach. This property is ideal for someone wanting to live above their business. It also represents the perfect investment property with office and residential space that could be rented annually or as an Airbnb destination. Call to see today!
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $253 | $253 | $253 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,312 | $4,665 | $6,265 |
Total Monthly Payment | $4,657 | $5,010 | $6,610 |
* 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.