690 Commercial Street, #U16B, Provincetown, MA, 02657 | $649,000

Step into this bright and private first floor 2 BR 1 BA condo at Bay Colony and see how versatile a property can be. Perfect for full time living, enjoyed as a second home or as an investment. Thoughtful renovation in 2015 includes: a kitchen, with subtle-toned granite countertops and backsplash, stainless appliances, ample storage and a granite-topped island; improved architectural lighting throughout the house; a bathroom with tiled, curbless, walk-in shower, tiled floor and wainscoting, and a custom vanity. Step out from the spacious living-dining room into a completely screened in porch, perfect for expanded 3 season living. Bedrooms (one has an egress) are a comfortable size with custom fitted closets. Warm bamboo floors throughout where not tiled. Split system heat and cooling. Extra basement storage and common washer dryer access in building next door. Pets for owners. Weekly rentals permitted (with an excellent history). Offered furnished with a few art exceptions.

Features

  • Parking: 1-car
  • Cooling: Wall Unit(s)
  • Levels: 1
  • Rooms: 3
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Common Area
  • Year Built: 1976
  • Common Charge: $300 Monthly
  • Approx Sq. Feet: 700
  • Acreage: 3.86
  • Est. Taxes: $2,834
  • Lot Desc: Conservation Area, West of Route 6
  • Pets Allowed: Yes
  • Appliances: Water Heater, Electric Water Heater
  • MLS#: 22405023
  • Website: https://www.raveis.com
    /prop/22405023/690commercialstreet_provincetown_ma?source=qrflyer
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Customer Service

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

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
  • 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

690 Commercial Street, #U16B, Provincetown, MA, 02657

$649,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $519,200 $519,200 $519,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.582% 7.159% 6.518%
Monthly Tax Payment $236 $236 $236
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,542 $3,451 $4,452
Total Monthly Payment $3,870 $3,779 $4,780

* 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.