Price Reduced 15.63%

$134,999 ($347.94 per sqft)

Est. Mortgage $709/mo *

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Price History

$159,999
9/28/2024

$134,999
10/23/2024

218 Old Wharf Rd, #235, Dennis, MA, 02639

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3 rooms

2 beds

1 Full baths

1950

Cottage

388 sqft

ATTENTION SNOWBIRDS!!! Your BEST family memories will begin in the summer of 2025 for ONLY $28,000 a year for the next 9 summers & potentially more! Welcome to 235 Rose & Crown way, A 2 bedroom cottage Located in the seasonal community of Chases Ocean Grove & only about 350 steps to the soft, sandy & warm water private beaches of Nantucket Sound. If you, your family and/or friends are looking for a quaint Cape Cod cottage & looking for everlasting memories, this cottage is the RIGHT investment for you. Where on Cape Cod can you OWN a cottage this close to the beach? Let's layout the details..... The Grove currently has 9 summers left on its lease. (with the potential for the owners to renew. However, it's unknown whether they will or not yet) The annual expenses are around $13k per year (this is subject to change yearly)13k x 9 summers of expenses = $117k & includes: taxes, septic, water, cable, property management & security. The cost of the cottage is $135k + 9 summers of expenses $117k = $252k That is $28k per year! For the ENTIRE SEASON! That's 22 weeks From the middle of May to the Middle of October W/the opportunity to rent out if desired.

Status:

Active

Type:

Single-family residential

Zoning:

Seasonal Resort

Heating:

None

Cooling:

Other

Levels:

Assessment

$73,800

Construction

Shingle Siding

School District:

Dennis-Yarmouth

Days on Market:

Appliances:

Tankless Water Heater

MLS #:

22404779

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Price History

218 Old Wharf Rd, #235, Dennis, MA, 02639

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