North Falmouth Medical commercial condo Investment Opportunity with Lease in place being offered at +/- 8.5% cap Rate. Tenant is a National Dermatology firm. This 2,284sf unit has 25% Common interest in condo complex, HOA fee is paid by tenant and covers Master Insurance, exterior maintenance, snow removal, parking lot, and landscape. This unit has been fully remodeled/renovated, including brand new HVAC system and A/C condenser. The interior of this space includes a Waiting room, Reception area, 2 Offices, 6 Exam Rooms, ADA restroom, break room w/kitchenette, storage area, and onsite parking situated over 2.87 acres. Inquire about owner occupancy.
37 Edgerton Dr, #3, Falmouth, (North Falmouth), MA, 02556
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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