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Tucked away in Wellfleet's sought-after Indian Neck area, this private 3-bed, 3. 5-bath haven is a stone's throw from beloved bay beaches and a short jaunt to Wellfleet center. Set on a sprawling . 88-acre lot, the heart of the property is the main house that's rooted in 1950s charm (renovated in 2015 with new electric, plumbing, windows, roof, and more). The open floor plan offers easy beach living, while the primary suite, separate from the two bedrooms, is a quiet retreat. The front deck is the mainstay, a perfect perch to watch the world go by. Plus, there's a detached two-story garage/studio, built in 2020, where a 576-sf bonus space with full bath awaits your final touches - ideal for a home office, creative pursuits, or a possible ADU. The lower level garage features a high ceiling for boat storage. Perfectly positioned for memorable days by the water, enjoy proximity to several beaches - Burton Baker and Omaha are each . 4 mile and Indian Neck is . 8 mile. The large, private yard features a relaxing koi pond and ample space for a pool. With its incredible location, fantastic lot, and laid-back feel, this home embodies Wellfleet character and offers myriad possibilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.764% | 6.435% |
Monthly Tax Payment | $614 | $614 | $614 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,836 | $6,403 | $8,574 |
Total Monthly Payment | $6,575 | $7,142 | $9,313 |
* 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.