217 Old Wharf Road, #64, Dennis, MA, 02639 | $229,000

This charming cottage is almost ocean front! Chases Ocean Grove is a seasonal summer community in Dennisport. COG is a 19. 2-acre piece of land that is encumbered by 277 individual ground leases with seasonal cottages open from May 15th thru the middle of Oct. Traditional financing wont apply here. Cash is best. Lease will transfer to new buyer and will run thru 2033. Ok to rent out or just enjoy!

Features

  • Rooms: 3
  • Bedrooms: 2
  • Baths: 1 full
  • Style: Cottage
  • Year Built: 1950
  • Garage: Assigned, Off Street
  • Heating: Other
  • Cooling: Other
  • Approx Sq. Feet: 424
  • Est. Taxes: $53,827
  • Lot Desc: Conservation Area, Shopping, Marina, In Town Location, Cleared, Views, South of Route 28
  • School District: Dennis-Yarmouth
  • Pets Allowed: Yes
  • Appliances: Gas Range
  • MLS#: 22404987
  • Website: https://www.raveis.com
    /prop/22404987/217oldwharfroad_dennis_ma?source=qrflyer
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Room Information

Type DescriptionDimensions
Dining Room Flooring: Wood9.3 x 13.9
Kitchen Stove(s): Gas9.3 x 13.9
Living Room Flooring: Wood9.3 x 13.9

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

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To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

217 Old Wharf Road, #64, Dennis, MA, 02639

$229,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $183,200 $183,200 $183,200
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 7.477% 7.159% 6.296%
Monthly Tax Payment $4,486 $4,486 $4,486
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,219 $1,218 $1,545
Total Monthly Payment $5,780 $5,779 $6,106

* 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.