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Charming & historic Inn, nestled in the picturesque Strafford community, just a stone's throw from the serene Bow Lake! Currently operating as a beloved Inn & Restaurant, this 6-suite gem can be an ideal investment for those seeking a commercial venture! Steeped in history, this Inn exudes classic New England charm with its timeless architecture and inviting ambiance. Versatile Space: 6 well-appointed rooms, all recently updated & offering their own bathrooms. Breakfast nook, provisions shoppe, gathering den, and other great attributes for top-notch hospitality! Endless Potential: Whether you envision continuing its legacy as an inn & restaurant, or transforming it into your own commercial ideas, the possibilities are endless with this unique & adaptable property. Large, commercial kitchen fully outfitted with gas ranges, ovens, dish station. Secondary prep kitchen on lower level with a walk-in cooler. ADU: Perfect for additional rental income, guest accommodation, or a private retreat. Proximity to Bow Lake: Enjoy the natural beauty and recreational opportunities of nearby Bow Lake, a favorite spot for boating, fishing, and picnicking. Community-Centric Location: Situated in the heart of Strafford, NH, this property is surrounded by a vibrant community known for local events & a welcoming atmosphere. Experience the perfect blend of history, community, and potential! Showings by appointment only.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $703,200 | $703,200 | $703,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | $1,145 | $1,145 | $1,145 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,048 | $4,387 | $5,982 |
Total Monthly Payment | $5,285 | $5,624 | $7,219 |
* 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.