96 Island View Lane, Chatham, MA, 02659 | $885,000

Attention Builders and Investors! This 3 BR, 2 Bath Cape boasts curb appeal and a desirable south-of-28 location near Cockle Cove Beach. There is tremendous opportunity to create value. First floor has a kitchen, living room w/FP, adjacent open dining, two bedrooms & bath with double vanity. Upstairs, there's a large bedroom, the 2nd full bath, and 12 x 19 attic that's just calling to be finished. A full walk-out basement has several windows and sliders to let the light in, and provides more potential finished living space. A deck running the length of the house is accessed from the kitchen, living room, and the rear bedroom, and overlooks Conservation. An oversized garage also has unfinished 26 x 16 space over, easily accessed by a walk-up staircase. There's an outside shower, a quaint covered porch, and level front yard. Other amenities include natural gas heat, new roof in 2022, new 200 amp electric service (2025), and a new 3 BR title 5 septic system is being installed this Spring. Home is not in flood zone. Please note: NO pool potential. Priced well below the assessment in consideration of updates a Buyer will want to make. Don't let this opportunity pass you by!

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 205 x 144
  • Laundry: In Basement
  • Style: Cape
  • Year Built: 1975
  • Garage: 2-car Paved
  • Heating: Forced Air
  • Cooling: None
  • Basement: Walk-Out Access, Interior Entry, Full
  • Approx Sq. Feet: 1,672
  • Acreage: 0.6
  • Lot Size: 205 x 144
  • Est. Taxes: $3,311
  • HOA Fee: $100 Annually
  • Lot Desc: Bike Path, House of Worship, Shopping, Sloped, Cul-De-Sac, South of Route 28
  • School District: Monomoy
  • Appliances: Electric Range, Range Hood, Refrigerator, Water Heater, Gas Water Heater
  • MLS#: 22501482
  • Website: https://www.raveis.com
    /prop/22501482/96islandviewlane_chatham_ma?source=qrflyer
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Room Information

Type DescriptionDimensionsLevel
Bedroom 2 Flooring: Carpet10.0 x 12.0First
Bedroom 3 Flooring: Carpet11.0 x 18.0Second
Dining Room 13.0 x 13.0First
Kitchen Countertop(s): Laminate,Flooring: Vinyl11.0 x 18.0First
Living Room Flooring: Carpet18.0 x 25.0First
Master Bedroom Flooring: Carpet,Door(s): Sliding13.0 x 13.0First

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

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

96 Island View Lane, Chatham, MA, 02659

$885,000

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 $708,000 $708,000 $708,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.614% 6.727% 6.309%
Monthly Tax Payment $276 $276 $276
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,020 $4,533 $6,022
Total Monthly Payment $4,388 $4,901 $6,390

* 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.