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75 Reynolds Street, Falmouth, MA, 02536 | $1,195,000
Bring your dreams and designs to 75 Reynolds Street to create your own slice of Cape Cod. Nestled in the desirable saltwater community of Teaticket, 75 Reynolds is a blank canvas waiting for your creative ideas. This waterfront home enjoys views of Great Pond from most rooms and from the wrap-around deck facing the pond. The Great Pond loop, including stairs to the beach, is just steps from the house, and Bristol Beach is less than 1 mile down the road. The home boasts 3 bedrooms, and plenty of natural light. Because the house has been empty for some time, a well-known local builder has toured the house and deems it is a gem for renovation with no need for a tear-down. Servpro has cleaned the house from top to bottom. While it requires significant repairs and updates, as well as connection to town water and sewer, this property presents a rare opportunity to create your dream coastal retreat. Buyer/Buyer Agents to do their own due diligence.
Features
- Rooms: 6
- Bedrooms: 3
- Baths: 1 full / 1 half
- Style: Cape
- Year Built: 1975
- Garage: 2-car Paved
- Heating: Other
- Cooling: None
- Basement: Bulkhead Access, Full
- Approx Sq. Feet: 1,778
- Acreage: 0.21
- Est. Taxes: $5,182
- Lot Desc: Bike Path, Corner Lot, Views, Level, South of Route 28
- Water Front: Yes
- School District: Falmouth
- Appliances: Water Heater, Gas Water Heater
- MLS#: 22501488
- Website: https://www.raveis.com
/eprop/22501488/75reynoldsstreet_falmouth_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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
75 Reynolds Street, Falmouth, MA, 02536
$1,195,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $956,000 | $956,000 | $956,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.663% | 6.764% | 6.435% |
| Monthly Tax Payment | $432 | $432 | $432 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,503 | $6,121 | $8,197 |
| Total Monthly Payment | $6,060 | $6,678 | $8,754 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630