This stunning property, overlooking the ocean, underwent a complete renovation in 2015, including the relocation of the house towards the street, the addition of a full basement, and an upgrade to the Title V septic system. This home is a beautiful display of craftsmanship, with no detail overlooked. The main floor offers an open-concept living/kitchen/dining room, with vaulted ceilings, hardwood floors, and windows on nearly every wall to capture the stunning panoramic water views. There is a bedroom on the 1st floor with sliders out to the deck and a spacious walk-in closet containing a washer and dryer. Upstairs, enjoy the views from the 2nd bedroom, or step out onto the private deck. Every element of this house was designed to embrace ocean-front living. Outside there is a sizable deck perfect for hosting guests, a shower, spacious storage shed, and a fire pit for cozy gatherings. A partially finished basement offers addt'l living/entertainment space and currently serves as a 3rd bedroom. The beach is only steps away from the property. Whether you're seeking a move-in ready dream home, an investment property, or a little of both, this property is the perfect Wellfleet retreat!
Type | Dimensions | Level |
---|---|---|
Bedroom 2 | 11.0 x 14.0 | First |
Bedroom 3 | 11.0 x 14.0 | Basement |
Master Bedroom | 11.0 x 14.0 | Second |
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William Raveis Mortgage, LLC
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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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $996 | $996 | $996 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,600 | $6,157 | $8,304 |
Total Monthly Payment | $6,721 | $7,278 | $9,425 |
* 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.