Welcome to your seaside sanctuary! This 1 bedroom, 1 bathroom condo is a coastal dream come true, located in the heart of Provincetown, MA. Situated on the second floor of a highly sought-after waterfront association, this corner unit boasts an abundance of natural light with vaulted ceilings and two floors of living space. The unit is being sold turnkey (some exclusions), offering a seamless transition for new owners. Enjoy access to a private sitting and dining deck area, perfect for soaking in the ocean breeze. Additionally, owners have their own private stairs to the beach! Owners are allowed pets, and with no rental restrictions, this condo presents an excellent opportunity for both personal enjoyment and rental income. Total rental income over $53, 000. Don't miss out on this gem, seize the chance to own a piece of Provincetown paradise. Schedule a showing today. HOA Fee includes heat, hot water, water, maintenance and reserves (currently $60K +). Newer Roof and Deck! Seller welcomes offers with requests for buyer concessions
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$995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@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 | $796,000 | $796,000 | $796,000 |
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 | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $359 | $359 | $359 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,457 | $4,837 | $6,557 |
Total Monthly Payment | $4,908 | $5,288 | $7,008 |
* 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.