3 Oyster Drive, Chatham, MA, 02633 | $1,195,000

Welcome to 3 Oyster Drive, an enchanting sanctuary featuring dazzling water views on two levels and a prime location near Marina and beaches. You'll enjoy a slower, relaxed pace and carefree lifestyle in this unique neighborhood setting, yet the best shopping and sumptuous restaurants in Town are just 5 minutes away. This 3 bedroom, 2 bath home is a blend of classic Cape Cod charm and some newer features. Sun-filled living room w/beamed ceilings, fireplace, and views. Driftwood-styled luxury vinyl flooring and on-demand hot water heater. There are bedrooms and a bath on both floors, including the primary BR with oversized windows that frame timeless water views. Enjoy this tranquil retreat just the way it is - or you may choose to build your future dream home on this one-of-a-kind site as many neighbors have already done. This is the ideal vacation home to enjoy beautiful views, proximity to a sandy beach, and the charm of Cape Cod. Ideal rental investment with a rental estimate of $5, 500/week. Boaters will love the proximity of a top-notch marina. Ocean views in Chatham at this price is a rarity; don't miss out on this beachside treasure! View the elevations of the proposed home that's already been approved for this site if you choose to build new; available in the photos. You will love the relaxed, coastal feel of this whole area; it's a special place off the beaten path but still close to all your favorite Chatham destinations. Just 1-1/2 miles to The Squire, it's time to celebrate a new beginning at 3 Oyster Drive!

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: First Floor
  • Style: Cottage
  • Year Built: 1947
  • Garage: Off Street
  • Cooling: None
  • Basement: Bulkhead Access, Partial, Crawl Space
  • Approx Sq. Feet: 1,026
  • Acreage: 0.08
  • Est. Taxes: $3,212
  • Lot Desc: Conservation Area, House of Worship, Near Golf Course, Shopping, Marina, In Town Location, Corner Lot, Views, Cleared, N/A
  • School District: Monomoy
  • Appliances: Dishwasher, Washer/Dryer Stacked, Refrigerator, Electric Range, Tankless Water Heater, Electric Water Heater
  • MLS#: 22403767
  • Website: https://www.raveis.com
    /eprop/22403767/3oysterdrive_chatham_ma?source=qrflyer
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Room Information

Type DescriptionDimensionsLevel
Bedroom 2 7.0 x 11.0Second
Bedroom 3 Flooring: Carpet10.0 x 12.0First
Dining Room Flooring: Vinyl,Door(s): Sliding9.0 x 9.0First
Kitchen 7.0 x 9.0First
Living Room Fireplace(s): Gas,Flooring: Vinyl,Door(s): Sliding10.0 x 16.0First
Master Bedroom Flooring: Carpet12.0 x 17.0Second

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888.699.8876

Contact@raveis.com

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Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1020051

508.740.5922

Frank.Merola@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

3 Oyster Drive, Chatham, MA, 02633

$1,195,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Merola

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 $956,000 $956,000 $956,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $268 $268 $268
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,428 $5,964 $8,003
Total Monthly Payment $5,821 $6,357 $8,396

* 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.