White Caps Cottages, long a familiar landmark on historic Route 6A in North Truro, is now available for sale. Comprising 7 residential units in six freestanding cottages on over 38,000sf, this property is ready for a new steward to take it to the next level. Whether restoring the cottages to a motel/cottage colony, converting to condominiums or finding another permissible use for this very visible corner lot, this property offers exceptional potential. While several significant upgrades have been completed, this property awaits the application of a new owner's imagination.
Basement:
None, Crawl Space
Construction
Shingle Siding, Sheet Rock, Frame
Lot Description:
Near Golf Course, Medical Facility, Major Highway, House of Worship, Level
Appliances:
Electric Water Heater
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Listing courtesy of Stephen M Briscoe, SeasCape Realty, Inc. 508-487-6111
127 Shore Road, Truro, (North Truro), MA, 02652
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.
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