Terrific mixed use spot in Buzzards Bay near the Bourne Bridge and Mass Maritime! Easy access to the highway, to Cape Cod and to Plymouth and Wareham! Corner lot means high visibility Property has so much potential for an array of business types: salon, restaurant, retail site or professional office. Currently used as a successful, long standing salon, this could be a great business opportunity as well. Sellers are open to discuss the current business and make an arrangement for its sale. This could also be converted to a mixed use home and business building opening up even more possibilities to the new owner. Plenty of parking on site, with more land that has not yet been cleared. Wheelchair ramp adds great accessibility! Full basement gives easy access to all mechanicals, plumbing and electric. Property is in a flood zone requiring flood insurance if mortgaged. Opportunity knocks here for the lucky buyer!
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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 | $591,200 | $591,200 | $591,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $295 | $295 | $295 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,033 | $3,929 | $4,986 |
Total Monthly Payment | $4,419 | $4,315 | $5,372 |
* 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.