Presented byCape Cod Power of Two |
The income potential here is undeniable. You absolutely need to see this one to understand the possibilities. The town has it approved as a multi-family residence. Located on Rt 28 in West Harwich minutes from both Dennis Port and Harwich Port sits the former Captain Ellis home circa 1875. Tastefully renovated to accommodate all of the creature comforts the discerning buyer has come to expect. With 3 potential bedrooms and 3 full baths, a formal dining room, living room, and combo kitchen/dining area with first floor laundry, there is plenty of room to spread out. The adjacent building was converted (2024) into a 1 BR apartment and showcases beautiful craftsmanship. There is plenty of light, great space, and everything is brand new this year. A kitchen/dining room and 1/2 bath/laundry occupy the first level with an additional partially finished space next door (storage or small garage). Upstairs hosts a large sitting room, beautifully appointed primary bath, and a well-lit bedroom with ample space. A separate carriage house which was in the process of undergoing interior renovations sits on the right side of the property. There is excellent potential for an office, studio, At the back of the property stands a large 3 bay garage with 2 separate electric meters and a large unfinished loft on the second level. There is ample parking and an additional shed/outbuilding. The left side of the property is nicely landscaped with two stone patios, one hosting an outdoor shower, the other a gas firepit. There are several beautiful mature plantings, a garden area, some lawn space, and tons of perennials including hundreds of daffodil and tulip bulbs. This property could be a great year-round home/business, rental investment, or a combination of the two. *Seller welcomes offer with request for buyer concession.
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William Raveis Real Estate
Phone: 508.246.7602
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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 | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $453 | $453 | $453 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,337 | $6,871 | $9,267 |
Total Monthly Payment | $6,915 | $7,449 | $9,845 |
* 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.