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Turn Key , completely renovated, direct waterfront studio located at the coveted '' YEAR ROUND'' Crow's Nest resort. This is an ideal condo for the savvy investor who wants a '' stress free'' waterfront vacation home or passive rental income. This unit is spotless, featuring a newly renovated kitchen and bath and produces $27K in rental income , managed by the Crow's Nest Resort team . On site professionally managed building. Condo fee includes flood insurance , building insurance, water , sewer, trash removal . Excellent rental history or available for personal use with advance notice. . Features include a gas fireplace, washer and dryer, dishwasher and full size appliances, deeded parking, large deck and panoramic views of both Pilgrim Lake and Cape Cod Bay. Excellent investment property or the perfect beachfront vacation home. Located 10 minutes by car or free shuttle bus ride to the center of Provincetown and convenient to Rte 6. Drop your bag's and enjoy the beauty of the Outer Cape. Breath taking views of both Pilgrim Lake and Cape Cod Bay from both directions.
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Phone: 888.699.8876
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Kate.Rockett@raveis.com
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 |
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|---|---|---|---|
| Loan Amount | $295,600 | $295,600 | $295,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $132 | $132 | $132 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,702 | $1,893 | $2,455 |
| Total Monthly Payment | $1,909 | $2,100 | $2,662 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.