Listing Courtesy of: Cynthia Lumbert - Weichert, Realtors-Donahue Partners
508-548-5412
$134,999
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218 Old Wharf Rd Unit 235 Dennis Port, MA 02639
Single Family
Residence
2
Beds
1
Baths
388
Sq. Ft.
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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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MLS#
22404779
Property Type
Single Family
Bedrooms
2
Bathrooms
1 Full
Year Built
1950
Square Feet
388
sq. ft
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