Stroll to Cold Storage Beach from this charming 8-bedroom property situated in the sought-after Pond Village of Truro. This prime location offers convenient access to various attractions nearby including the PO, Shops, restaurants, grocery, galleries and just a brief 10-minute ride to the lively atmosphere of P-Town. This home is equipped with an 8 BR septic and is designated for residential use with the possibility of a two-unit multifamily conversion given the current zoning regulations. Upon arrival, a gently sloping driveway leads to a spacious parking area that accommodates up to 8 vehicles. The exterior boasts multiple spaces ideal for gardens, seating and potential future enhancements. Seize this opportunity to transform this property into your dream project. The possibilities are truly endless. Enjoy the fantastic location, an eight-bedroom septic system and so much more.
Type | Dimensions | Level |
---|---|---|
Master Bedroom | 14.5 x 12.0 | First |
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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 | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $392 | $392 | $392 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,369 | $5,891 | $7,826 |
Total Monthly Payment | $5,886 | $6,408 | $8,343 |
* 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.