This is a unique opportunity to own all four quarters of a share at Terrace Dunes across from the beach in North Truro. Offering beautiful bay and sunset views, this seasonal second floor spacious studio is operated as a vacation rental by the onsite management for virtually hands-free rental income. Use pre- and post-high season for enjoyment without the crowds and collect rental income from summer guests. The unit includes a kitchen with stove, refrigerator and microwave, exclusive use deck and two queen beds. Parking, on the summer shuttle route, beach access and a pool! Annual condo fee of $7,002 covers taxes, utilities, insurance and maintenance.
Type:
Single-family residential
Lot Description:
Major Highway, Steep Slope
Amenities:
Rubbish Removal, Landscaping, Deeded Beach Rights
Appliances:
Microwave, Refrigerator, Electric Range, Electric Water Heater
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Listing courtesy of Stephen M Briscoe, SeasCape Realty, Inc. 508-487-6111
179 Shore Road, #208, Truro, MA, 02666
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
