71 Colonial Way, Falmouth, MA, 02540 | $1,250,000

Located in the highly sought-after West Falmouth community of Pine Bay Estates, this charming Gambrel Cape offers deeded beach rights to Little Island Beach. and close proximity to the Shining Sea Bike Way. With approximately 3, 400 sq. ft. of living space, this 7-room home is designed for comfort and style. It boasts 4 generously sized bedrooms and 2. 5 bathrooms, providing ample space for both family and guests. A sunroom, spanning the entire length of the home, features a soaring cathedral ceiling with skylights that flood the space with natural light. The spacious living room is anchored by a wood-burning fireplace, while the family room is warmed by a charming wood-burning stove. A separate dining room offers a perfect setting for formal meals, upgraded kitchen features granite countertops, stainless-steel appliances, and a large kitchen Island. The second floor features a large Primary bedroom with private bath and walk-in closet, 3 additional bedrooms, full bath, and an office. The private backyard has a deck and outdoor shower. Located near Old Silver Beach and Chapaquoit Beach, this home is an ideal Cape Cod Retreat or year-round home.

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Style: Gambrel
  • Year Built: 1986
  • Garage: 1-car
  • Heating: Hot Water
  • Cooling: None
  • Basement: Bulkhead Access, Interior Entry, Full
  • Approx Sq. Feet: 3,313
  • Acreage: 0.46
  • Est. Taxes: $6,481
  • HOA Fee: $500 Annually
  • Lot Desc: Bike Path, School, Major Highway, Public Tennis, Marina, Conservation Area
  • School District: Falmouth
  • Appliances: Water Heater, Gas Water Heater
  • MLS#: 22405056
  • Website: https://www.raveis.com
    /eprop/22405056/71colonialway_falmouth_ma?source=qrflyer
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Room Information

Type DescriptionLevel
Bedroom 2 Flooring: CarpetSecond
Bedroom 3 Flooring: CarpetSecond
Bedroom 4 Flooring: CarpetSecond
Dining Room Flooring: WoodFirst
Kitchen Countertop(s): Granite,Flooring: Wood,Stove(s): GasFirst
Living Room Fireplace(s): Wood Burning,Flooring: WoodFirst
Master Bedroom Flooring: CarpetSecond

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

71 Colonial Way, Falmouth, MA, 02540

$1,250,000

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 $1,000,000 $1,000,000 $1,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.004% 6.738% 6.307%
Monthly Tax Payment $540 $540 $540
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,836 $6,403 $8,506
Total Monthly Payment $6,501 $7,068 $9,171

* 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.