231 Crowell Road, Chatham, MA, 02633 | $1,995,000

Zoned Gb3, this great commercial, multi-use property consists of 2 buildings. The first building built in1995 has 948 sf with a full bath and office, 2 gas heaters, and a Viessman hot water heater and a full basement. The second building has1, 638 sf built in 2003 with 2 bays and a carport The first floor has a gas heater and the second floor is ready to be finished. Lots of possibilities - documents attached include Gb3 standard permitted uses section 3. 4 and Appendix 1 ''Schedule of Use Regulations'', floor plans, and septic site plan. Great opportunities-previously a builders work shop and warehouse for storing automobiles, boats, vintage motorcycles etc. The solar panels are owned. Please verify all information contained herein. Don't miss this special property!

Features

  • Property Type: Warehouse
  • Current Use: Owner Occupied
  • Permitted Use: Owner Occupied
  • Construction: Shingle Siding, Sheet Rock, Frame
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Garage: Unpaved
  • Levels: 1
  • Heating: Other
  • Cooling: None
  • Approx Lot Sq. Feet: 21,780
  • Units: 2
  • Zoning: GB3
  • Year Built: 1995
  • Approx Sq. Feet: 2,586
  • Acreage: 0.5
  • Est. Taxes: $2,140
  • Lot Desc: Bike Path, School, Near Golf Course, Shopping, Marina, In Town Location, Interior Lot, Cleared
  • School District: Monomoy
  • Appliances: Electric Water Heater, Solar Hot Water, Tankless Water Heater
  • MLS#: 22402924
  • Website: https://www.raveis.com
    /prop/22402924/231crowellroad_chatham_ma?source=qrflyer
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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
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617.686.2668

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231 Crowell Road, Chatham, MA, 02633

$1,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@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 $1,596,000 $1,596,000 $1,596,000
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 $178 $178 $178
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,062 $9,957 $13,360
Total Monthly Payment $9,365 $10,260 $13,663

* 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.