BUILD YOUR DREAM HOME ON THIS INCREDIBLE OCEANFRONT LOT. 0 Starboard Way has been owned by the same family for over 35 years, has never been offered for sale before, and is probably the only buildable* direct waterfront lot for sale in the region. This . 35-acre parcel is located in the Molly's Cove beach community off of Mattapoisett Neck Rd amongst other charming waterfront homes with a true neighborhood feel made-up of longterm residents. This location offers sweeping views of Mattapoisett’s picturesque harbor, looking easterly and southerly out to Buzzards Bay, with its own sea wall and steps down to its own beach. *This land has been assessed for decades as a buildable lot and has a town sewer stub located at the street. This land is preferably being sold along with the separately listed 3 bedroom home located at 16 Shoreview Ave directly across the street, MLS listing #73192164. Use 16 Shoreview as your guest house, or live in while you build your new elevated waterfront home.
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,757 | $6,239 | $8,506 |
Total Monthly Payment | $5,882 | $6,364 | $8,631 |
* 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.