1. Location Advantage•Accessible: Convenient access to major routes in Marstons Mills, ideal for logistics.•Future Growth: Part of CWMP Sewer Expansion Phase 2, signaling long-term area improvements.2. Zoning and Versatility•Zoning: Zoned RF and classified as an industrial condo, suitable for various business types needing commercial bay space. Existing Special Permit. 3. Building Highlights•Ample Space: 3,600 sq. ft. of single-story industrial space, ideal for equipment and storage. 14’ overhead door, one personnel door. 20+’ Interior clearance. Plumbing in place for restroom install. •Durable Build: 1987 construction with metal/tin roofing and pre-finished metal exterior for low maintenance.4. Value and Condition•Strong Assessed Value: Replacement cost at $680,492, assessed at $530,800, per Town of Barnstable, MA 2024 assessment5. Customization Potential•Open Interior: Wide open 60’ x 60’ business bay.No existing heating system (or restroom)
381 Old Falmouth Rd, #43, Barnstable, MA, 02648
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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