Cape Cod's Irish Pub is for sale. The property is situated on over 2. 22 acres of waterfront property overlooking The Herring River. The site has two landing areas, with dockage potential, where easy access to Nantucket Sound can be found by traveling south on the river to open waters of The Sound via Kayak, Paddle Board, Canoe or the like. The land is improved by four buildings with 11, 900 SF. The main building is 7, 922 square feet and has a large restaurant space previously and spacious commercial kitchen area, three / four bedrooms, and five bathrooms. The previous restaurant had a capacity of around 375 persons based on municipal records. The Backhouse, which is located behind the Main Building has seven bedrooms and four bathrooms, living / dining rooms and deck overlooking the Herring River. The Side Cottage, located to the left of the Main House has four bedrooms, and two baths. There is also a large shed building to the rear of the property used for storage. Waterfront location, history, development potential, signage and frontage make this a historical opportunity to invest in Cape Cod! To be sold as is. Perfect for a water use business! Buyer to verify all uses.
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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 | $2,959,200 | $2,959,200 | $2,959,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $860 | $860 | $860 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,035 | $18,704 | $24,971 |
Total Monthly Payment | $18,020 | $19,689 | $25,956 |
* 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.