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50 Silver Oak Road, Eastham, MA, 02642 | $799,000
This is the property with options. It's a legal 2-family dwelling with 4 bedrooms total, 35, 000sf lot, and within . 75 mile of Cooks Brook Beach on Cape Cod Bay. The 1st level has 1, 750sf with 3 bedrooms and is recently updated with new flooring, updated kitchen, and updated bath. The 2nd level has a 500sf studio apartment with either interior or exterior staircase access. This 2nd level area was previously tenant occupied and will need your finishing touches- whether you would like to continue to use this level as a separate unit, an ideal area for guests, or possibly make this your primary suite. Need more space? Checkout the unfinished walkout basement. 4 bedroom septic inspection just completed, installed in 2015. This is a large level lot for the neighborhood, explore the possibility of adding a garage or maybe a pool. Buyer to perform full due diligence. The seller has power of attorney and has never lived at the property. Natural gas connected and town water at road. Fresh interior and exterior paint.
Features
- Rooms: 9
- Bedrooms: 4
- Baths: 2 full
- Laundry: Washer Hook-up
- Style: Other
- Year Built: 1950
- Heating: Fireplace(s)
- Cooling: None
- Basement: Partial, Interior Entry
- Approx Sq. Feet: 2,258
- Acreage: 0.79
- Est. Taxes: $5,319
- Lot Desc: Bike Path, Cape Cod Rail Trail, Conservation Area, Level, Cleared, West of Route 6
- School District: Nauset
- Appliances: Electric Water Heater
- MLS#: 22505282
- Website: https://www.raveis.com
/prop/22505282/50silveroakroad_eastham_ma?source=qrflyer
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Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1020051
508.740.5922
Frank.Merola@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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617.686.2668
Allen.Gellerman@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
50 Silver Oak Road, Eastham, MA, 02642
$799,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Merola
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $639,200 | $639,200 | $639,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | $443 | $443 | $443 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,680 | $3,828 | $5,096 |
| Total Monthly Payment | $4,215 | $4,363 | $5,631 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630