The epitome of Cape Cod living. Charming Farmhouse-style home with an oversized detached heated garage/workshop in the coveted Davisville section of East Falmouth, with approximately . 62 acres of land. The house has 2175 square feet of living space with an additional 886 square feet of living space in the finished basement. The house offers 4 bedrooms and 2. 5 baths. The home has beautiful woodwork and loaded with potential--lots of hardwood floors and a wood-burning fireplace. The property is a short distance from Green Pond Harbor, Bournes Pond, and Menauhant Beach. The house needs some work, but many upgrades and renovations have been done over the years. The house is close to all that makes Falmouth a special place. This property would make an ideal year-round residence, summer retreat, or Investment property. Come see this charming home from a bygone era and imagine the possibilities. This is an amazing opportunity to acquire an excellent property that has the potential to be extraordinary. There is plenty of yard space to add a pool, patio, outdoor kitchen, fire pit, and more. Easy to show! Buyer to validate all information herein.
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$985,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $788,000 | $788,000 | $788,000 |
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 | $328 | $328 | $328 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,599 | $5,046 | $6,703 |
Total Monthly Payment | $5,019 | $5,466 | $7,123 |
* 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.