Unique opportunity to own a dream slice of waterfront living in the outer cape town of Eastham. The property is located within Sixty(60) feet of the Orleans & Eastham Town Cove, directly across from Hopkins island, enabling all water sports with ease. The home has rights to a deep water dock allowing access at any time of day to endpoints of Nauset/Coast Guard Beach, the cove's cut-through to the Atlantic, or the beauty of cruising the cove itself. Outside, the front is comprised of a 40 foot, multiple living area, bluestone patio contained inside a wrap around stone wall; a wall built for sitting privacy, and, as if it wasn't needed, further enhancing the entire view of the cove itself when in the house or out. Granite steps provide entrance to the home and patio tying everything together. The large back deck leads to the outside shower, grilling area, moure outdoor living and an area for stair access to the enormous upper mahogany roof deck. The home has an open floor plan providing multiple unobstructed waterfront views; is fully insulated and winterized for year round use; has a full and further expandable kitchen with high end cabinetry and bar height eating for four. Unique opportunity to own a dream slice of waterfront living in the outer cape town of Eastham. The property is located within Sixty(60) feet of the Orleans & Eastham Town Cove, directly across from Hopkins island, enabling all water sports with ease. The home has rights to a deep water dock allowing access at any time of day to endpoints of Nauset/Coast Guard Beach, the cove's cut-through to the Atlantic, or the beauty of cruising the cove itself. Outside, the front is comprised of a 40 foot, multiple living area, bluestone patio contained inside a wrap around stone wall; a wall built for sitting privacy, and, as if it wasn't needed, further enhancing the entire view of the cove itself when in the house or out. Granite steps provide entrance to the home and patio tying everything together. The large back deck leads to the outside shower, grilling area, moure outdoor living and an area for stair access to the enormous upper mahogany roof deck. The home has an open floor plan providing multiple unobstructed waterfront views; is fully insulated and winterized for year round use; has a full and further expandable kitchen with high end cabinetry and bar height eating for four, all granite and SS appliances; central air & heat, full size washer/dryer, 2 remote controlled Velux skylights, Anderson 400 doors/windows, recessed lighting throughout, tankless gas hot water heater. The upstairs is accessible through a circular staircase. Bedrooms and bathrooms fill out the rest of the plan with a front bedroom room view commensurate with the living room. Turnkey sale of all items in home if desired. Excellent spring, summer, and fall rental income with summer comparative homes of $5, 000/week
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Flooring: Wood | 13.4 x 17.2 | First |
Kitchen | Flooring: Tile,Door(s): French | 13.4 x 17.2 | First |
Living Room | Door(s): Sliding | 13.4 x 17.2 | First |
Master Bedroom | Flooring: Wood | 13.4 x 17.2 | First |
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $828,000 | $828,000 | $828,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $691 | $691 | $691 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,701 | $5,166 | $6,931 |
Total Monthly Payment | $5,517 | $5,982 | $7,747 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.