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Solidly built 1950 Colonial with Deeded Beach Rights to Little Island Beach is being offered for the first time by the family whose father built it. Rarely does a property in this Beach Community become available. Imagine being the fortunate new owners and making memories on Cape Cod. The home has 3 bedrooms and 2 full bathrooms, a spacious Living Room with wood burning Fireplace, sunlit kitchen with access to outside deck area, newer heating and A/C system, hot water heater and oil tank. There is a whole house generator and a one car garage which leads directly into the mud room. Close proximity to Little Island Beach and its charms is what Summer Dreams are all about. Other close amenities are: West Falmouth Harbor, Chappy Beach, Bowerman's Beach Club, Ice Cream Shop, Art Studio, and the Shining Sea bike and walking trail to Woods Hole. Under 10 minutes to Main Street Falmouth and all its shops, restaurants and night spots makes this location perfect for year round or seasonal use. Property being marketed and sold ''as is''. The original private sewerage system is a automatic fail with new codes. It will be the new Owners' responsibility to install the new system. Quote avail
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| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 2 | Flooring: Wood | 13.0 x 26.3 | Second |
| Bedroom 3 | Flooring: Wood | 13.0 x 26.3 | Second |
| Dining Room | Flooring: Wood | 13.0 x 26.3 | First |
| Kitchen | Flooring: Vinyl | 13.0 x 26.3 | First |
| Living Room | Fireplace(s): Wood Burning | 13.0 x 26.3 | First |
| Master Bedroom | Flooring: Wood | 13.0 x 26.3 | Second |
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$899,000
William Raveis Real Estate
Phone: 888.699.8876
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
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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 | $719,200 | $719,200 | $719,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.121% | 6.183% |
| Monthly Tax Payment | $335 | $335 | $335 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,084 | $4,312 | $6,069 |
| Total Monthly Payment | $4,511 | $4,739 | $6,496 |
* 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.