3 Mcdonough Road, Newport, NH, 03773 | $448,000

This 3. 6 acre level lot features a 4, 000 SF metal roofed building and an additional 936 SF secondary building for more storage. Great Location on highly visible Rt 11/103 John Stark Hwy. Significant traffic volume with 790 Ft. Road Frontage. Signage Galore!! Suitable for Business Owners and Entrepreneurs to setup and manage all aspects of their business. This lot has considerable options in Rural Commercial Zone including residential with variance. Location has easy access to surrounding towns and ample parking.

Features

  • Property Type: Business,Development,Investment,Land,Office,Opportunity,Other,Retail
  • Construction: Wood Frame
  • Parking: On-Site,Parking Spaces 21+
  • Heating: Forced Air,Gas Heater,Hot Water,Mini Split
  • Cooling: Mini Split
  • Zoning: RC5 R
  • Frontage: 790
  • Year Built: 1988
  • Acreage: 3.6
  • Est. Taxes: $6,830
  • MLS#: 4992122
  • Website: https://www.raveis.com
    /prop/4992122/3mcdonoughroad_newport_nh?source=qrflyer
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Listing courtesy of Ivey Real Estate   Phone: 617-650-3400
Listing Agent: Andy Ivey

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3 Mcdonough Road, Newport, NH, 03773

$448,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $358,400 $358,400 $358,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $569 $569 $569
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,384 $2,382 $3,022
Total Monthly Payment $3,028 $3,026 $3,666

* 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.