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Beautiful converted Carriage House in historic Onset Village. Stroll 50 steps to your own private deeded beach! Property includes 2 units with a long history of rental income. Used primarily as a summer weekly rental and short-term winter rental with potential for more income. The upstairs unit is a well laid-out and efficient 2 bed and 1 bath. Downstairs includes 3 bedrooms and 1. 5 baths with a gas fire place and eat in kitchen. Both units have private decks. Enjoy your vacation home and rent when you are not there. Rental income for downstairs unit only includes 2 bedrooms. The 3rd bedroom is the owners space, but can be combined with the unit. Summer rents are $2, 100 per unit, per week. Season runs mid-May through mid-September. Just a 5-10 minute walk to Onset Village with shops and restaurants. Music concerts and festivals throughout the summer including Blessing of the Fleet, Illumination Night, and Shakespeare Under the Stars to name a few. All of this just 1 hour from Boston!
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $719,920 | $719,920 | $719,920 |
| 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 | $475 | $475 | $475 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,088 | $4,433 | $6,075 |
| Total Monthly Payment | $4,655 | $5,000 | $6,642 |
* 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.