Tiny house devotees! Looking for a detached three season cottage in a waterfront complex with views? This tiny home has everything you need - and is sold turnkey. By day, relax in a stylish, cathedral ceilinged living room with storage loft; by night your full Murphy bed creates a comfortable bedroom. The kitchen, with water views, includes a washing machine. This light and airy sun-filled cottage opens onto a large deck -your outdoor living room - and connects to a patio and additional deck. The backyard boasts an outdoor shower, extra storage and privacy fencing. Back inside enjoy climate control via split system and a tankless water heater. Ample parking. Weekly rentals allowed. In addition, there is potential, with the necessary approvals, to expand the unit up as well as to convert to year-round use. And there's more- this charming cottage is located in a large, well-run association with low fees, its own swimming pool and direct beach access. A wooden path wends through sea grass to an expansive beach. Located on the shuttle bus route, the property is a short bike ride or drive to town. Idyllic and manageable. Book a showing today.
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William Raveis Real Estate
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $351,200 | $351,200 | $351,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.404% | 7.133% | 6.236% |
Monthly Tax Payment | $132 | $132 | $132 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,337 | $2,334 | $2,962 |
Total Monthly Payment | $2,544 | $2,541 | $3,169 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.