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HURRY! Don't miss the chance to own this unique and rarely offered property featuring TWO COTTAGES in this most desirable beach location. Surrounded by substantial homes, opportunity awaits at an unheard-of price! The beautiful lot alone would sell for this!! In gorgeous Northside Dennis, this charmer is just a 5-minute walk to incredible Mayflower or Bay View beaches. What a fantastic choice for the day at the beach! Offering 2 cottages on one lot, each has 2 Bedrooms, 1 Bath, living room and kitchen. Great as is or explore the many potential options with this . 26-acre flat lot. A family compound? Use one and rent the other in this hugely popular location? Renovate? Or raze and build your dream home where everyone wants to be! With a healthy rental history, investors take note! Buyers should do due diligence to verify what can be done to this unique and hard to replace property.
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$1,050,000
William Raveis Real Estate
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $840,000 | $840,000 | $840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.228% | 6.086% | 6.183% |
| Monthly Tax Payment | $323 | $323 | $323 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,902 | $5,036 | $7,088 |
| Total Monthly Payment | $5,350 | $5,484 | $7,536 |
* 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.