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A rare opportunity to build a custom home in the prestigious waterfront enclave of Nyes Neck. Ideally situated just across from Buzzards Bay, this exceptional homesite offers captivating water views and the chance to create a residence in one of Falmouth's most sought-after coastal communities. Thoughtfully positioned to capture beautiful bay vistas, the property provides the perfect setting to design a home that embraces the surrounding natural beauty. Residents enjoy access to the exclusive Nyes Neck association beach and dock, offering boating, swimming, and the relaxed waterfront lifestyle that has drawn generations of families to this cherished neighborhood. Vacant land opportunities in Nyes Neck are exceptionally rare, making this a truly unique offering. For those seeking additional waterfront ownership, the residence at 31 Sunset Point Road, located directly across the street, is also available for purchase under a separate listing. Whether acquired independently or alongside the waterfront home, this property presents an uncommon opportunity to establish a lasting presence in one of the Upper Cape's most treasured waterfront communities. The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Buyers are encouraged to do their own due diligence through independent verification.
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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 | $1,280,000 | $1,280,000 | $1,280,000 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,268 | $7,674 | $10,801 |
| Total Monthly Payment | $7,393 | $7,799 | $10,926 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.