William Raveis Real Estate
John Mahan, William Raveis Real EstatePhone: (508) 331-8339
Email: [email protected]

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listing
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Single FamilyFor Sale
$134,999
218 Old Wharf Rd 235
Dennis Port, MA 02639
Listed by: Cynthia A Lumbert from Weichert, Realtors-Donahue Partners, (508) 292-9027
MLS: Cape Cod MLS
2Beds
1Bath
388Sq Ft
Est. Mortgage
$797/mo

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.

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Information courtesy of Weichert, Realtors-Donahue Partners is subject to verification and is not guaranteed.
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