MOTIVATED SELLERS! HIGH ELEVATION & STILL STEPS TO SANDY BEACH #119 Cross Rip Way is privately perched overlooking all of Chase's Ocean Grove and has stunning panoramic views of Nantucket Sound from the patio, inside sitting on the couch, the bedroom and looking out from the kitchen sink. The mature landscaping provides peace and solitude. The limestone patio has ample space for engaging with friends and loved ones. Stare off into the sea. It's captivating & calming. Open up the glass French doors and Enjoy the gentle ocean breeze while listening to subtle sounds of the waves. Just a couple hundred feet to the private beach. . . . This IS by far the LIFE!! It's a must see, a must feel and a must have. The cottage has been updated and has cathedral ceilings w/3 skylights in the living/kitchen, 1 oversized skylight in the bedroom and another in the bathroom, Brazilian cherry hardwood floors, stainless steel appliances. . COG is a seasonal community and is open from May 15th thru the middle of October. Association fee's average around 10k and are subject to change. The cottage sits on leased land so this is a cash sale.
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Our Executive Mortgage Banker:
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$189,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $151,200 | $151,200 | $151,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.042% | 6.276% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,019 | $993 | $1,275 |
Total Monthly Payment | $1,094 | $1,068 | $1,350 |
* 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.