You've always wanted to own a boat yard/marina. This is your chance to with this tremendous property available along with the business, equipment and inventory (please request the list of included equipment and assets). The same owner has been operating successfully on this 1. 86 acre waterfront property since 1985. The property includes 2 structures along with a tractor trailer for storage. One structure is a 1, 650 SqFt parts store (inventory included) and office with an apartment above, the other structure is a 2, 550 SqFt boat mechanic shop. Plus there's docking for approximately 35 boats. The current business does lots of winter boat storage and service (boat maintenance, repairs, winterizing, shrink wrap, power wash, paint bottoms, and spring make ready) for boats that are stored on the property and elsewhere. They also rent out dock slips. The same owner of nearly 40 years has experienced plenty of demand as this property is well located in close proximity to several south shore towns. The property is also right next door to the town boat ramp, which is very convenient. Low taxes of just $12, 132. 04. Don't miss this rare opportunity to live your dream.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,890,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,512,000 | $1,512,000 | $1,512,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,585 | $9,433 | $12,657 |
Total Monthly Payment | $8,710 | $9,558 | $12,782 |
* 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.