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261 Linnell Landing Road, Brewster, MA, 02631 | $3,750,000
Stunning Cape Cod Bayfront Investment Opportunity in Brewster! Nestled on the pristine sandy shores of Cape Cod Bay, this exclusive six-unit investment property offers a rare opportunity to own a piece of paradise. Imagine owning a property where the breathtaking ocean views and private sandy beach are just steps away, and the potential for high returns with a strong cap rate is unmatched along this iconic coastline. 6 separate, fully furnished, equipped units range from a cozy studio to a two-bedroom, all overlooking Cape Cod Bay. Each condominium has gleaming wood floors, fully equipped kitchen, central air and gas heat. In addition, second floor units have balcony-decks overlooking the sandy beach below. First floor units have decks nestled into the dune with views of the ocean. This property has strong appeal for both short-term vacation rentals and long-term tenancies. Demand for rentals in this location are strong with an extended season. Units have separate deeds with all condo documents and association in place. Once you step foot on this property, it's hard to imagine wanting to leave. The combination of location and luxury are unbeatable! P&L available upon reques
Features
- Rooms: 21
- Bedrooms: 9
- Baths: 6 full
- Laundry: Washer Hookup, Electric Dryer Hookup
- Style: Cape
- Year Built: 1913
- Garage: Assigned
- Heating: Forced Air, Electric Stove
- Cooling: Central Air
- Basement: Full, Interior Entry
- Approx Sq. Feet: 4,208
- Acreage: 2.86
- Est. Taxes: $32,081
- Lot Desc: Bike Path, Major Highway, Cape Cod Rail Trail, Conservation Area, Level, Views, North of 6A
- View: Bay, Salt, Private, Beach Front
- Water Front: Yes
- School District: Nauset
- Appliances: Gas Water Heater, Tankless Water Heater, Dishwasher, Range Hood, Refrigerator, Electric Range
- MLS#: 22405220
- Website: https://www.raveis.com
/prop/22405220/261linnelllandingroad_brewster_ma?source=qrflyer
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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.
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888.699.8876
Contact@raveis.com
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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
261 Linnell Landing Road, Brewster, MA, 02631
$3,750,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,000,000 | $3,000,000 | $3,000,000 |
| 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 | $2,673 | $2,673 | $2,673 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,270 | $18,962 | $25,316 |
| Total Monthly Payment | $20,068 | $21,760 | $28,114 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630