09/16- NEWLY fully approved 4 lot subdivision. Discover the unparalleled opportunity of a massive 23. 6-acre lot in the highly sought-after area of Chichester. This expansive property holds immense potential for a 4-lot subdivision, suitable for developing 4 single-family homes, 4 duplexes, or even a quaint condo association. A complete survey and conceptual designs for the lots have already been completed, streamlining the development process. Nestled in pristine countryside, this location is less than 15 minutes from downtown Concord, offering the perfect balance of rural tranquility and urban convenience. The surrounding area boasts numerous parks, ponds, and rivers, providing endless opportunities for outdoor activities such as hiking, biking, fishing, snowshoeing, cross-country skiing, and snowmobiling. Additionally, a short drive will take you to the scenic White Mountains, the beautiful Seacoast, or the vibrant city of Manchester. This is a unique chance to build your vision in a serene, yet accessible location. Don’t miss out on making this versatile and expansive property your own!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,920 | $399,920 | $399,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,728 | $2,658 | $3,429 |
Total Monthly Payment | $2,803 | $2,733 | $3,504 |
* 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.