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Tucked near the end of the sought-after Commons Way neighborhood in Brewster, this spacious 0. 58-acre (25, 100 sq ft) lot offers the perfect setting for your Cape Cod dream home. Located in a quiet, established residential area, the property provides a balance of privacy and community charm. The lot has already passed a perc test and comes with approved septic plans for a 3-bedroom home with an Innovative/Alternative (IA) septic system, as well as approved engineered drainage plans--significantly streamlining the development process. Natural gas and town water are available at the street, offering convenience for future construction. Buyers will need to obtain Board of Health sign-off for any new or revised house plans. Enjoy easy access to nearby beaches, walking trails, and everything that makes Brewster a beloved destination and year-round community. Whether you're building a primary residence, vacation getaway, or investment property, this ready-to-go lot is a rare opportunity in a prime location. Don't miss your chance to own a slice of Cape Cod! Buyers and agents to perform all due diligence with Town Departments. All information deemed reliable but not guaranteed.
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NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $255,999 | $255,999 | $255,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.419% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,514 | $1,576 | $2,075 |
| Total Monthly Payment | $1,589 | $1,651 | $2,150 |
* 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.