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Incredible Multi-Family Opportunity in Falmouth! This fully renovated, move-in ready two-family dwelling is a rare find, offering income potential, versatility, and plenty of space. The home features 2, 475 sq. ft. of total living space, with 875 sq. ft. on the main floor, a fully permitted 875 sq. ft. basement, and a 725 sq. ft. upstairs unit perfect for rental income. The expansive yard offers space to add a pool for even more outdoor enjoyment. The permitted workshop/shed, approved for a half bath, is ideal for hobbies, a home office, or extra storage-- or could be transformed into a pool house with an office above. Just five minutes from Menauhant Beach, this home blends investment potential with coastal living. Conveniently located near shops, dining, and outdoor recreation, it offers flexibility for a variety of needs. Whether you rent both units, live in one and rent the other to help with expenses, or use the entire property for yourself, this is an opportunity not to miss. Contact us today for details or to schedule a private showing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$840,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $672,000 | $672,000 | $672,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
Monthly Tax Payment | $380 | $380 | $380 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,816 | $4,303 | $5,671 |
Total Monthly Payment | $4,288 | $4,775 | $6,143 |
* 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.