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Wonderful opportunity to own a little slice of heaven in the north end, off of East Shore Road. This charming 1000 sf cottage is set on one end of a beautiful flat parcel of just over 1/2 acre. Considered a 3 bed, 1 bath home by the town it is currently configured as a 2 bedroom home. It sits at the end of a quiet dead end street, and the property runs through to North Road. This sweet gem has a large dining area, kitchen, two bedrooms with shared bath, with a living area and screened porch that take in the tranquil backyard. There will be enough frontage on North Road to build a larger home, and perhaps use this house as an accessory dwelling unit. This property is being conveyed with an adjoining 1. 15 acre lot. (MLS listing # 1413172). There are wetlands on some of that parcel, but there is enough buildable land to allow for a larger home on the house parcel with additional space on the adjoining lot for a garage, shed or just open space. Lot frontage from North Road is 101 feet. Public beach access only a short walk away. A great opportunity to build the home of your dreams in the north end.
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William Raveis Real Estate
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NMLS Mortgage Loan Originator ID 81725
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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 | $716,000 | $716,000 | $716,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $304 | $304 | $304 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,065 | $4,409 | $6,042 |
| Total Monthly Payment | $4,461 | $4,805 | $6,438 |
* 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.