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293 Commercial Street, #U7, Provincetown, MA, 02657 | $499,000
You'll have a whale of a time in the center of all Provincetown has to offer at 293 Commercial St. Unit 7. This rarely available top floor & front-corner condo in the center of Provincetown has water and monument views. A well laid-out studio with an interior hallway feels spacious. The south and west facing windows really let the light in and compliment the wood floors. Low condo fee of $171 per month includes master insurance. This building is mixed-use in the heart of the retail district of Provincetown. It has a great location! Close proximity to bus & ferry transportation, restaurants, shops, beaches, boat charters including daily whale watches in season, and lots of entertainment. Perfect for a year-round resident, a city commuter, or rental investor. The building itself has a good reputation for rental income. Abutting the Municipal town lot, parking is a breeze year-round for owners or weekly visitors. Other expenses of this unit include a personal flood policy ($299 per year) and bi-annual water bill (is usually around $250 twice per year). Vacant, freshly painted, and easy to show.
Features
- Cooling: None
- Levels: 1
- Rooms: 1
- Bedrooms: 1
- Baths: 1 full
- Year Built: 1972
- Common Charge: $171 Monthly
- Approx Sq. Feet: 413
- Acreage: 0.16
- Est. Taxes: $2,504
- Lot Desc: Bike Path, Shopping, Marina, In Town Location, Views
- School District: Provincetown
- Appliances: Electric Range, Refrigerator, Water Heater, Electric Water Heater
- MLS#: 22405522
- Website: https://www.raveis.com
/prop/22405522/293commercialstreet_provincetown_ma?source=qrflyer
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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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Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
293 Commercial Street, #U7, Provincetown, MA, 02657
$499,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
| Monthly Tax Payment | $209 | $209 | $209 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,656 | $2,653 | $3,423 |
| Total Monthly Payment | $2,940 | $2,937 | $3,707 |
* 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.
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