31 Franklin Street, #U2, Provincetown, MA, 02657 | $1,450,000

Discover the charm of this West End water view two-bedroom townhouse with a unique reverse floor plan. The first-floor features two spacious bedrooms and two bathrooms, with the rear bedroom offering access to a quaint garden area. Enjoy the serene private garden from the small front deck. The sunlit second floor boasts high ceilings, a galley kitchen with a pass-through to the expansive dining room, and a front-facing living room with stunning water views and a delightful cocktail deck. A laundry room with a full-size washer and dryer completes this level. A large bonus stand-up loft is above on the third floor. Additionally, the lower level provides 300 square feet of finished space, perfect for guests, a media room, or a large home office, along with ample storage. This townhouse offers a total of 1, 696 square feet of living area. Located just one block from Victors and Liz's Restaurants, this home is scheduled for a sewer hookup in November and will feature a new cobblestone driveway. Long-term rentals are allowed, and parking for one car is included. The condo, in its original 1980s condition, has been well maintained. The seller is open to offers with buyer concessions.

Features

  • Parking: 1-car
  • Heating: Forced Air
  • Cooling: Wall Unit(s)
  • Levels: 2
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Year Built: 1986
  • Approx Sq. Feet: 1,696
  • Acreage: 0.19
  • Est. Taxes: $5,751
  • Appliances: Water Heater, Electric Water Heater
  • MLS#: 22405481
  • Website: https://www.raveis.com
    /prop/22405481/31franklinstreet_provincetown_ma?source=qrflyer
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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!
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617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

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31 Franklin Street, #U2, Provincetown, MA, 02657

$1,450,000

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 $1,160,000 $1,160,000 $1,160,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment $479 $479 $479
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,496 $7,142 $9,633
Total Monthly Payment $7,100 $7,746 $10,237

* 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.