245 Edgewater Drive E, Falmouth, MA, Massachusetts, property flyer

245 Edgewater Drive E, Falmouth, MA, 02536 | $970,000

Welcome to Seacoast Shores in East Falmouth! Soak in the Waterview's offered from this newly renovated 3 bed 2 bath beach house steps from a private beach with access to Eel Pond, Seapit River, Washburn Island and Vineyard Sound. Abundant natural light abounds within the vaulted ceilings and open concept kitchen and living area. Two bedrooms and a full bath with his and hers sinks on the first level. 2nd level offers a private bedroom w/waterview of Eel Pond and full bath. Spend your days kayaking to Washburn Island, swimming at your private beach, relaxing on your east facing farmers porch to sip coffee and watch the sunrise from your large corner lot, and grill in your fully fenced in large backyard. Lot provides ample square footage to expand and build if desired. Partially finished basement with laundry and ability to use as kids playroom, game room, den, or overflow guest accommodations. Proven rental history of over $12k per month during high season. Enjoy all the Clubhouse amenities has to offer- fine dining and entertainment, pool, tennis & basketball courts! Edwards boat ramp is 0. 25 miles away. Close to ferries, shopping & restaurants. Buyer/Agent to confirm info herei

Features

Rooms: 6
Bedrooms: 3
Baths: 2 full
Style: Cape
Year Built: 1988
Garage: Paved

Heating: Hot Water
Cooling: Wall Unit(s)
Basement: Bulkhead Access, Partial, Interior Entry, Finished
Approx Sq. Feet: 1,100
Acreage: 0.25
Est. Taxes: $4,736

Lot Desc: Bike Path, School, Medical Facility, Major Highway, House of Worship, Near Golf Course, Shopping, Public Tennis, Marina, In Town Location, Conservation Area, Corner Lot, Views, Cleared, South of Route 28
View: Pond
School District: Falmouth
Appliances: Water Heater
MLS#: 22500250
Website: https://www.raveis.com
/prop/22500250/245edgewaterdrivee_falmouth_ma?source=qrflyer

Courtesy of Trident Real Estate Group

All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than William Raveis Real Estate include the name of the listing company. Neither the listing company nor William Raveis Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision.

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888.699.8876

Contact@raveis.com

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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
Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

245 Edgewater Drive E, Falmouth, MA, 02536

$970,000

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	$776,000	$776,000	$776,000
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	6.599%	6.472%	6.032%
Monthly Tax Payment	$395	$395	$395
H/O Insurance Payment	$92	$92	$92
Initial Principal & Interest Pmt	$4,406	$4,841	$6,496
Total Monthly Payment	$4,893	$5,328	$6,983

* 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.