Located just steps away from vibrant downtown Portsmouth, this historic federal home built in 1804 features 5, 100+/- sq ft, 6 bedrooms and 6. 5 bathrooms. Known as the Pickering-Heffenger house, these walls have a story to tell, host to a peace treaty ball between the Japanese and Russians during the Treaty of Portsmouth in 1905. The elegance of another era is evident throughout this three-story sun-filled home with exquisite crown moldings and trim, arched doorways, marble fireplace surrounds, and the lovely, curved staircase with its decorative spindles, a center focus of the entry hall. History meets today’s standards seamlessly with a large bright updated kitchen featuring stainless appliances, loads of cabinetry and a large center island. The kitchen opens to a dining area with access to the multi-level terraced garden, a quiet private oasis. The first floor comprises the kitchen/dining room, parlor, living room, and an even larger dining room all designed to entertain. Upstairs each bedroom is ensuite with bath and fireplace. The property also offers a large courtyard that can accommodate 8 cars, and a 3-car garage. A separate renovated carriage house features 3 well-appointed 2-story rental units netting north of 100K yearly rent and provides an additional 2762 sq ft of living space. Walking distance of Market Square, an opportunity to own a bit of history, on a quiet street, in the heart of Portsmouth. Change of use allows for commercial use & commercial construction.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,880,000 | $2,880,000 | $2,880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $3,148 | $3,148 | $3,148 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,579 | $18,204 | $24,303 |
Total Monthly Payment | $19,852 | $21,477 | $27,576 |
* 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.