Rare opportunity for a turnkey multi-unit in Dennis Port Village, which includes two standalone 4-season homes (32A & 32B), both situated on the first lot of this double-lot estate (each lot taxed separately as buildable), together with deeded property rights to Swan Pond beach/boat launch, directly accessible to the Ocean. Situated at the end of a private dead-end street - 2 minutes from downtown and 5 minutes from the beach - this property lends itself well as estate, a 2nd home to city dwellers or investors seeking to take advantage of the thriving short term housing market. 32A and 32B each include new roofs, washer/dryers, stoves and refrigerators; new custom red cedar outdoor showers; new custom shutters; and new sod and gravel driveway w/ parking for 4. 32A features new custom vertical siding, new windows and door. The 2nd lot includes a custom built shed/convertible tiki bar, w/ the remaining land cleared and prepped for your imagination!
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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 | $639,600 | $639,600 | $639,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.538% |
Monthly Tax Payment | $246 | $246 | $246 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,363 | $4,251 | $5,484 |
Total Monthly Payment | $4,701 | $4,589 | $5,822 |
* 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.