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42 Old Colony Way, #8, Orleans, MA, 02653 | $289,000
An exceptional opportunity in the heart of Orleans, this first-floor condo at 42 Old Colony Way blends effortless coastal living with an unbeatable value. Thoughtfully designed for comfort and convenience, the one-bedroom, one-bathroom residence offers an inviting open-concept layout with flexible living and dining spaces. Natural light pours in through a large sliding glass door, seamlessly connecting the indoors to a private covered patio--your own peaceful retreat for morning coffee or evening relaxation. The kitchen, refreshed with new vinyl flooring and fresh paint, is both functional and charming, ready to accommodate quiet nights in or lively summer gatherings. The spacious bedroom is a serene escape, while the bathroom features a linen closet and full-size shower. A dedicated parking space (#10) and guest parking add ease. With Main Street's boutiques and restaurants just a stroll away and the Cape Cod National Seashore within minutes, this is a rare chance to claim your place in Orleans. Furnishings available for a turnkey experience--don't miss out.
Features
- Parking: 1-car
- Cooling: Other
- Levels: 1
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full
- Year Built: 1971
- Common Charge: $650 Monthly
- Approx Sq. Feet: 868
- Est. Taxes: $2,255
- Lot Desc: In Town Location, School, Cape Cod Rail Trail, Shopping, Public Tennis
- School District: Nauset
- Pets Allowed: Yes
- Appliances: Water Heater, Electric Water Heater
- MLS#: 22500246
- Website: https://www.raveis.com
/prop/22500246/42oldcolonyway_orleans_ma?source=qrflyer
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888.699.8876
Contact@raveis.com
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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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
42 Old Colony Way, #8, Orleans, MA, 02653
$289,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $231,200 | $231,200 | $231,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
| Monthly Tax Payment | $188 | $188 | $188 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,500 | $1,558 | $1,982 |
| Total Monthly Payment | $1,763 | $1,821 | $2,245 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
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