218 Old Wharf Rd, #
$134,999
Description
218 Old Wharf Rd,
#235,
Dennis Port,
MA
02639
ATTENTION SNOWBIRDS!!! Your BEST family memories will begin in the summer of 2025 for ONLY $28,000 a year for the next 9 summers & potentially more! Welcome to 235 Rose & Crown way, A 2 bedroom cottage Located in the seasonal community of Chases Ocean Grove & only about 350 steps to the soft, sandy & warm water private beaches of Nantucket Sound. If you, your family and/or friends are looking for a quaint Cape Cod cottage & looking for everlasting memories, this cottage is the RIGHT investment for you. Where on Cape Cod can you OWN a cottage this close to the beach? Let's layout the details..... The Grove currently has 9 summers left on its lease. (with the potential for the owners to renew. However, it's unknown whether they will or not yet) The annual expenses are around $13k per year (this is subject to change yearly) 13k x 9 summers of expenses = $117k & includes: taxes, septic, water, cable, property management & security. The cost of the cottage is $135k + 9 summers of expenses $117k = $252k That is $28k per year! For the ENTIRE SEASON! That's 22 weeks From the middle of May to the Middle of October W/the opportunity to rent out if desired.
This is an Active listing.
Broker Office Phone Number: 508-548-5412
Copyright © 2024Cape Cod & Islands Association of REALTORS®, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Fenced
- Patio
- Vinyl Flooring
- Asphalt Shingle Roof
Listing By: Weichert, Realtors-Donahue Partners via Data Source: Cape Cod & Islands Association of REALTORS®, Inc.
Single Family
Property type
Price History
date | price | variance | type |
---|
10/23/2024 | $134,999 | 15.63 % | decreased |
9/28/2024 | $159,999 | - | Listed |
listing agent: Cynthia A Lumbert