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Located on historic Route 6A in desirable Yarmouth Port, this rare nearly 1-acre property is a prime opportunity for builders, investors, or buyers looking to create a custom Cape Cod retreat. Just 1. 7 miles from Gray's Beach, the location offers the perfect blend of privacy, charm and coastal living. The existing 932 sf home has already been gutted, creating a blank canvas ready for your vision and design. Being sold as-is, the property includes septic plans in hand. Potential exists to transform the current structure into an ADU, guest cottage or income-producing rental while exploring the opportunity to build an additional home on the expansive lot. Oversized lots with this level of flexibility on historic 6A are increasingly rare. Add a second floor and enjoy possible bay views while creating a one-of-a-kind property in one of Cape Cod's most sought-after areas. Ideal for investors, builders, flippers or buyesr ready to design their dream coastal compound from the ground up.
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William Raveis Real Estate
Phone: 888.699.8876
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William Raveis Mortgage, LLC
Phone: 617.281.4872
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 | $359,920 | $359,920 | $359,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,216 | $2,273 | $2,989 |
| Total Monthly Payment | $2,291 | $2,348 | $3,064 |
* 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.