Chase's Ocean Grove is where memories are made. Cottage number 82 has been the site of many a happy summer and is ready for its next family to start their own sunny traditions. Unlike other cottages in the complex, in this one you are permitted to have air conditioning because it is on its own electric service. This is a great comfort to you and an important selling point for anyone you might want to rent the cottage to. Sitting on the beach side of the neighborhood, this is an incredible opportunity for you to scoop up your little piece of paradise. Land lease and fees average ~$11,000 annually and are subject to change. Cash sale only, will not qualify for traditional financing with leased land. Current lease ends Dec 31,2033. Proposal for a lease extension expected in 2025.
Type:
Single-family residential
Construction
Vinyl/Aluminum
Lot Description:
South of Route 28
School District:
Dennis-Yarmouth
Appliances:
Microwave, Refrigerator, Electric Range, Water Heater
Buyer Broker Compensation:
0.0%
Buyer Broker Compensation is for display purposes only and must be confirmed in writing directly from Listing Broker
241 Old Wharf Road, #82, Dennis, MA, 02639
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB