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A Native Provincetown Lady, this Patriotic Multi-Family Property has provided steady shelter to Provincetown lovers for over 100 years. On the market for the first time in 72 years, this Grand Dame comes with a total of 7 bedrooms, 4 Baths, 4 kitchens (4 Units, currently) presented on a lovely 5, 738 square foot lot. This property can suit a variety Housing Uses and has great potential. A detached one car garage with an additional parking spot adds to this highly desirable west-end of town property. Within reach you will find some of Provincetown's gems; Liz's Cafe and Anybody's Bar, Ptown Gym, Joe's Coffee and the famous Boatslip Tea Dance. Art galleries and restaurants only a short distance away. Bay and ocean beaches are also easily accessible. Property being sold As Is. Developers, private parties bring your Shangri-la!
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$3,499,000
William Raveis Real Estate
Phone: 888.699.8876
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,799,200 | $2,799,200 | $2,799,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $748 | $748 | $748 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,675 | $17,008 | $23,433 |
| Total Monthly Payment | $16,548 | $17,881 | $24,306 |
* 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.