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481 Commercial Street, #U2, Provincetown, MA, 02657 | $929,000
The BoatHouse is one the most sought-after waterfront cottages in Provincetown. This one-of-a-kind property sits on the water and has sensational views on three sides offeriing an extraordinary beachfront experience. The Gallery District is right outside your door with some of the best restaurants in town. The living area is wide open to the deck which provides the best views of the bay, beach, and the Provincetown waterfront. A cozy window seat overlooks the water. There is a wood fireplace with a warm barn-board surround. The kitchen is brand new with granite counter tops, new Wherever cabinets, cook top/DW and microwave. The bedroom has vaulted ceilings and a barn-door slider provides privacy. The renovated bathroom has granite countertops with custom tiling. There is common laundry area and parking for one car. The BoatHouse generated a net rental income of $40K in 2023. There are rentals in place through 2024 season. The Chandler House Condo Management group provide concierge style rental management. Offered furnished with some exclusions.
Features
- Parking: 1-car
- Heating: Forced Air
- Cooling: Wall Unit(s)
- Levels: 1
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full
- Laundry: Common Area
- Complex: Other
- Year Built: 1900
- Common Charge: $1,323 Monthly
- Approx Sq. Feet: 487
- Acreage: 0.18
- Est. Taxes: $5,775
- Lot Desc: Bike Path, Cape Cod Rail Trail, Shopping, Marina, In Town Location, Conservation Area, South of 6A
- View: Bay
- Water Front: Yes
- Appliances: Water Heater, Electric Water Heater
- MLS#: 22404027
- Website: https://www.raveis.com
/prop/22404027/481commercialstreet_provincetown_ma?source=qrflyer
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888.699.8876
Contact@raveis.com
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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
- 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
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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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
481 Commercial Street, #U2, Provincetown, MA, 02657
$929,000
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 | $743,200 | $743,200 | $743,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
| Monthly Tax Payment | $481 | $481 | $481 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,278 | $4,698 | $6,272 |
| Total Monthly Payment | $4,851 | $5,271 | $6,845 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630