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251 Shore Drive, #G2, Mashpee, MA, 02649 | $499,900
Location, location , location! This is a great opportunity to purchase a property with lucrative rental history. If you're not in the market for an investment than it works as a great Summer escape. 1 mile to the beautiful Popponesset peninsula beach called '' The Spit''. Across from the Popponesset Inn and abutting the Popponesset Marketplace where you can find boutique shops, restaurants, convenience store, a Church, mini golf, ice cream and coffee shops, salon and much more. 3 miles to Mashpee Commons and about the same distance to South Cape Beach. . The condo itself , a 2 bed, 1 bath unit with assigned parking, washer/ dryer in unit. Fully furnished and ready to go. For additional space there is a loft for either sleeping or storage. Recent improvements include new water heater 2024, new HVAC condenser and exterior painted 2024. This unit currently has many Airbnb reservations on the books for Summer 2025. Buyer would be in position to take those over if so desired.
Features
- Levels: 1
- Rooms: 4
- Bedrooms: 2
- Baths: 1 full
- Year Built: 1965
- Common Charge: $525 Monthly
- Approx Sq. Feet: 624
- Est. Taxes: $2,598
- School District: Mashpee
- Appliances: Dryer - Electric, Washer, Refrigerator, Electric Range, Microwave, Water Heater, Electric Water Heater
- MLS#: 22501696
- Website: https://www.raveis.com
/prop/22501696/251shoredrive_mashpee_ma?source=qrflyer
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888.699.8876
Contact@raveis.com
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@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
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@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
251 Shore Drive, #G2, Mashpee, MA, 02649
$499,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
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 | $399,920 | $399,920 | $399,920 |
| 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 | 7.019% | 7.050% | 6.152% |
| Monthly Tax Payment | $217 | $217 | $217 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,495 | $2,627 | $3,348 |
| Total Monthly Payment | $2,786 | $2,918 | $3,639 |
* 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
MA Mortgage Lender and Mortgage Broker #MC2630