Presented byJonathan Matel, The Matel Group |
Over 400 feet of DEEPWATER DOCK space. Where else on Cape Cod can you buy a 4 bedroom home and dock your 125' luxury yacht? (Hint: it doesn't exist!)This is your opportunity to own one of the most iconic, valuable & unique properties on the East Coast. There's not enough hyperbole in the thesaurus to describe the ever-changing water views from every window at 16 McMillan Wharf. Currently listed at a 76% discount to recent *Non-waterfront home sold in Provincetown. Massive arbitrage opportunity. Luxury renovation would add tremendous value. We've included virtual designs to peak your curiosity. This mixed use property also generates a healthy income stream. Experience sunrise and sunset over the water, whales breaching, migrating water fowl, world class dining, world-class fishing, the natural beauty of storm clouds traversing the sky, dappled morning light, sandy beaches, bike paths and hiking trails. Bring your yacht, architect, creative genius & immerse your friends & family in a waterfront experience that truly doesn't exist elsewhere. We strongly suggest you experience 16 McMillan wharf in person. Buyers & buyers agents to verify all information.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | 12.0 x 18.0 | Second | |
Bedroom 3 | 12.0 x 18.0 | Second | |
Bedroom 4 | 12.0 x 18.0 | Second | |
Kitchen | Countertop(s): Granite,Flooring: Wood | 12.0 x 18.0 | |
Living Room | Flooring: Wood | 12.0 x 18.0 | |
Master Bedroom | Flooring: Wood | 12.0 x 18.0 | Second |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$9,750,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 508.221.1770
Jonathan.Matel@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $7,800,000 | $7,800,000 | $7,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $868 | $868 | $868 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $43,678 | $47,394 | $64,251 |
Total Monthly Payment | $44,671 | $48,387 | $65,244 |
* 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.