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Consider the math: Sold separately, each unit would cost $350, 000. Is there a home for sale on Cape Cod for $350, 000? This is A well maintained 2 family duplex in a quiet residential area of lovely homes. The property offers versatility. The front apartment, with hardwood floors, has a very large eat in kitchen; the living room offers slider to a deck; there are 2 decent size bedrooms as well as an extra room. The apartment includes laundry. The back apartment is slightly smaller. It has a nice private outdoor space and lots of parking. Each apartment offers privacy for the tenants. Located close to Route 28, beaches, Hyannis medical area, and public transportation it offers versatility. Used as a year round income producing property, OR live in the larger of the 2 sides and rent the other, OR ideal use for multi generational family living. The seller has invested in his property with new roof, heat pump in front unit and 3 mini splits in rear unit, updated electrical work. It is a corner lot and the yard is well maintained.
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$699,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.050% | 6.152% |
Monthly Tax Payment | $221 | $221 | $221 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,489 | $3,674 | $4,681 |
Total Monthly Payment | $3,802 | $3,987 | $4,994 |
* 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.