NEW PRICE IMPROVEMENT! LIVE HERE, WORK HERE! GREAT INVESTMENT OPPORTUNITY! This Hampton Falls iconic property is home to The Lamp Maker & Country Lighting retail store and an impeccably cared for 1, 556 sf single family New England style residence; all situated on 2. 7 acres. The bright, flowing open floor plan in this home exudes warmth & charm with its high ceilings, custom built-ins, detailed moldings & natural woodwork throughout. With 3 large bedrooms, an eat-in kitchen, large dining room & living room with gas stove, front porch, walk up attic & walk in closets, there is plenty of living space & storage for all your needs. Relax on the enclosed sun room out back & enjoy the privacy and views. This home is turn-key. Step outside your home & you are at work. Zoned Hampton Falls Business District North, the possibilities are endless. With retail space totaling 1, 240 sq ft & a workshop/storage space totaling over 700 sq ft, this commercial space offers so much versatility for the next visionary. Zoning allows for an array of usages with approval that make this a great location to start your next business. With over 20, 000 cars passing along this location daily, prime visibility makes this the perfect location for business ownership. This property boasts plenty of parking with a large lot & circular driveway with direct easy access to Rt 1 and close proximity to Rt 101 and I-95 and NH’s Seacoast beaches. This property is being sold “AS IS” and is awaiting your vision.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.308% | 6.644% |
Monthly Tax Payment | $920 | $920 | $920 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,415 | $4,306 | $5,524 |
Total Monthly Payment | $5,427 | $5,318 | $6,536 |
* 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.