Located at the strategic intersection of RT 89 Southbound Exit 13 and RT 10 South, this expansive 13. 4-acre tract offers an unparalleled opportunity for development. Previously engineered for a 100-room hotel, the site includes detailed plans and drawings, showcasing its potential. Situated directly across from Sawyer Brook Plaza and a Mobil station, the property benefits from substantial daily traffic, with AADT counts reaching 6, 794 on RT 10 South and 18, 701 on I89 South. This commercial land is zoned for versatile use, allowing for a variety of development projects subject to approval. Key features include a high-yield well and necessary provisions for a bridge to maximize access and utilization. Just 20 minutes from Dartmouth Hitchcock Medical Center and Mount Sunapee Resort, and a two-hour drive from Boston, MA, the site is ideally positioned to cater to both local and tourist traffic. Don’t miss out on this prime piece of real estate, ready for a visionary development.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,600 | $6,076 | $8,237 |
Total Monthly Payment | $5,725 | $6,201 | $8,362 |
* 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.