Incredible investment opportunity in the sought-after village of Cotuit! This stunning 3-bedroom, 4-bath Cape Cod retreat offers an impressive rental history, generating about $140K annually. The open-concept floor plan features a kitchen with granite countertops and tile backsplash and a dining area that flows out to a welcoming deck with breathtaking pond views, perfect for entertaining and relaxation. The first-floor primary bedroom includes an en-suite bathroom, while the second floor also offers a large bedroom with its own en-suite and a private balcony with amazing pond views. A bonus room on the second floor and two additional rooms in the finished basement provide versatile spaces for guests or extra privacy. Private beach access to Lovells pond is perfect for water activities like canoeing and kayaking. In the evenings, relax by the cozy fire pit and take in the tranquil water views for an unforgettable experience.
Type | Description | Level |
---|---|---|
Bedroom 2 | Bathroom - Full, Cathedral Ceiling(s), Flooring - Wood | Second |
Bedroom 3 | Bathroom - Full | Second |
Dining Room | First | |
Kitchen | First | |
Living Room | First | |
Master Bedroom | Bathroom - Full, Flooring - Wood | First |
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Our Executive Mortgage Banker:
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$1,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $800,000 | $800,000 | $800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $443 | $443 | $443 |
H/O Insurance Payment | TBD | TBD | TBD |
Initial Principal & Interest Pmt | $4,542 | $4,926 | $6,643 |
Total Monthly Payment | $5,077 | $5,369 | $7,086 |
* 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.