There are very few properties in Provincetown that afford both the privacy and green space that you'll find in this hidden gem, tucked between Commercial and Bradford Streets. Also known as 596A Commercial Street, the classic white Cape Cod rambles from front to back with nine rooms waiting for a new owner to configure it to today's lifestyle. In addition to the main house, there is a spacious freestanding 1940's vintage cottage at the edge of the property long used as a summer rental. There is also another building, with a loft, currently used as a storage/work shed that would make a wonderful office, art studio or private quiet space. Driveway access is from Commercial Street and there is shared deeded beach access with 596 Commercial Street. Consider this estate property for your new home in Provincetown; you won't regret it. Property is occupied; Please do not enter without a confirmed appointment.
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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 | $1,596,000 | $1,596,000 | $1,596,000 |
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 | $834 | $834 | $834 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,314 | $10,088 | $13,468 |
Total Monthly Payment | $10,273 | $11,047 | $14,427 |
* 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.