A rare Wellfleet waterfront building lot is now available to build the one-of-a-kind home you have envisioned and dreamt of. Breathtaking sunsets and glorious saltwater views of Chipman's Cove, Wellfleet Harbor, and extending beyond to Great Island and Cape Cod Bay can be seen from this 1. 6-acre lot, which has a pristine natural setting with a gentle slope down to the water. This is a protected, inner harbor lot that does not have erosion concerns, and the building site is elevated and not located in a flood zone. The property comes with a conservation commission-approved siting for a home, driveway, landscaping, and septic system. Drawings of the architect-designed, 5-bedroom modern home envisioned for this site have been shared and can be viewed in the photos. The house is gorgeous and has design elements that are a tribute to the area's rich architectural history. This design can be easily altered to fit your vision, aesthetic, and needs. The Belding Way location offers ease of access to Indian Neck beaches, town center, extensive national park and conservation lands and trails, and a stretch of shoreline that connects to Wellfleet Village.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,250,000
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 | $1,800,000 | $1,800,000 | $1,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,220 | $11,083 | $14,947 |
Total Monthly Payment | $10,345 | $11,208 | $15,072 |
* 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.