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2590 Main Street, Chatham, MA, 02659 | $895,000
The Caleb Eldridge House is an icon in South Chathan's Historic District and now awaits a new caretaker. This Greek Revival style home circa 1834 was owned by Hiram Eldridge, who operated the general store across the street. Originally a single family home; it was redesigned a legal 2 family that includes a 3 BR home plus a separate 1 BR apartment w/private entrance. However, it can very easily be converted back into one home by removing 2 doors. There are many charming attributes throughout; this home must be seen to be fully appreciated. The setting is a level . 33 acre lot that provides a great back yard and includes a large outbuilding. Natural gas heat and each unit has own electric panel. Newer roof (2014), and nearly all newer windows. Amenities include outside shower, back deck w/yard, large driveway & ample parking, and passing Title 5 septic for 6 Bedrooms. Freshly painted and ready for immediate occupancy. Nantucket Sound beaches are a mile away, and town just a couple of miles. Zoning is for residential /small business, offering many possibilities. Great rental investment potential, too. Don't miss out! Seller is willing to provide buyer with closing concessions.
Features
- Rooms: 12
- Bedrooms: 5
- Baths: 3 full
- Style: Greek Revival
- Year Built: 1834
- Garage: Stone/Gravel
- Cooling: None
- Basement: Interior Entry, Partial, Crawl Space
- Approx Sq. Feet: 2,184
- Acreage: 0.33
- Est. Taxes: $2,668
- Lot Desc: Level, N/A
- School District: Monomoy
- Appliances: Gas Water Heater, Water Heater, Dishwasher, Refrigerator, Gas Range
- MLS#: 22405282
- Website: https://www.raveis.com
/prop/22405282/2590mainstreet_chatham_ma?source=qrflyer
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888.699.8876
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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
2590 Main Street, Chatham, MA, 02659
$895,000
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 | $716,000 | $716,000 | $716,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
| Monthly Tax Payment | $222 | $222 | $222 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,235 | $4,585 | $6,090 |
| Total Monthly Payment | $4,549 | $4,899 | $6,404 |
* 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