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Presented by
Jonathan Matel, The Matel Group |
16 MacMillan Pier, Provincetown, MA, 02657 | $9,750,000
Over 400 feet of DEEPWATER DOCK space. Where else on Cape Cod can you buy a 4 bedroom home and dock your 125' luxury yacht? (Hint: it doesn't exist!)This is your opportunity to own one of the most iconic, valuable & unique properties on the East Coast. There's not enough hyperbole in the thesaurus to describe the ever-changing water views from every window at 16 McMillan Wharf. Currently listed at a 76% discount to recent *Non-waterfront home sold in Provincetown. Massive arbitrage opportunity. Luxury renovation would add tremendous value. We've included virtual designs to peak your curiosity. This mixed use property also generates a healthy income stream. Experience sunrise and sunset over the water, whales breaching, migrating water fowl, world class dining, world-class fishing, the natural beauty of storm clouds traversing the sky, dappled morning light, sandy beaches, bike paths and hiking trails. Bring your yacht, architect, creative genius & immerse your friends & family in a waterfront experience that truly doesn't exist elsewhere. We strongly suggest you experience 16 McMillan wharf in person. Buyers & buyers agents to verify all information.
Features
- Rooms: 14
- Bedrooms: 4
- Baths: 2 full / 3 half
- Laundry: Laundry Room, Second Floor
- Style: Other
- Year Built: 1990
- Heating: Forced Air
- Cooling: Other
- Approx Sq. Feet: 7,872
- Acreage: 0.08
- Est. Taxes: $10,421
- Lot Desc: Conservation Area, Shopping, Marina, N/A
- View: Bay, Marina, Harbor
- Water Front: Yes
- Appliances: Cooktop, Washer/Dryer Stacked, Refrigerator, Microwave, Dishwasher, Water Heater, Gas Water Heater
- MLS#: 22302465
- Buyer Broker Compensation: 2.50%
- Website: https://www.raveis.com
/mls/22302465/16macmillanpier_provincetown_ma?source=qrflyer
All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than William Raveis Real Estate include the name of the listing company. Neither the listing company nor William Raveis Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision.
Room Information
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 2 | 12.0 x 18.0 | Second | |
| Bedroom 3 | 12.0 x 18.0 | Second | |
| Bedroom 4 | 12.0 x 18.0 | Second | |
| Kitchen | Countertop(s): Granite,Flooring: Wood | 12.0 x 18.0 | |
| Living Room | Flooring: Wood | 12.0 x 18.0 | |
| Master Bedroom | Flooring: Wood | 12.0 x 18.0 | Second |
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.
Jonathan Matel, The Matel GroupLuxury Properties Specialist
508.221.1770
Jonathan.Matel@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
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
16 MacMillan Pier, Provincetown, MA, 02657
$9,750,000
Jonathan Matel, The Matel Group
Luxury Properties Specialist
William Raveis Real Estate
Phone: 508.221.1770
Jonathan.Matel@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 | $7,800,000 | $7,800,000 | $7,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
| Monthly Tax Payment | $868 | $868 | $868 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $45,519 | $49,301 | $65,821 |
| Total Monthly Payment | $46,512 | $50,294 | $66,814 |
* 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