This immaculate , direct waterfront , spacious two story townhouse is located within Bay Beach Townhomes in the coveted Beach Point/ Shore Rd area of North Truro. This townhome has two large bedrooms and two updated bathroom's on each floor. The open and spacious two level design provides privacy for you and your guests. The association has approved '' year round'' conversion at owners expense. Featuring direct beach front access and spectacular views of Long Point Lighthouse and Provincetown from two large private decks located on each floor. This townhouse is currently ADA approved , fully rented for 11 weeks plus, producing substantial rental income to the new owner. Features include updated kitchen with new appliances, new washer & dryer, abundance of storage and tasteful high end furnishings. A bright, light open floor plan with two car deeded parking. Bay Beach Townhomes is located on the bus line whisking you right to Provincetown Center in ten minutes. Enjoy the sunset over the Bay and the beauty of Truro & Provincetown from all directions. This is a great investment property due to ADA status with solid rentals or for personal use. '' A true beachfront beauty.
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William Raveis Real Estate
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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 | $668,000 | $668,000 | $668,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $297 | $297 | $297 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,586 | $3,951 | $5,503 |
Total Monthly Payment | $3,975 | $4,340 | $5,892 |
* 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.