An opportunity to own a large year-round home in a cherished beach community! This 2-unit, 3-level, 10-bed home, has been in the same family for 4 generations! Ideal for accommodating large families or multiple generations under one roof, each unit could be presented as a self-contained living space, perfect for privacy yet connected for family gatherings, or as an investment property with rental income potential. Built in 1946 as a guest house with a 1st-floor apartment, it was also a B&B, hosting guests who came back year after year for the scents & sounds of the ocean, water views, sunrises & spectacular sunsets. Buffered by dunes from Ocean Blvd, located 3 houses away from a quiet sandy beach on the river, you can swim and watch the parade of boats heading out to sea. Walk 0. 3 mi. to the community's Seabrook Beach access, spend the day at the dunes, swim, fish, or walk for miles along the soft sand! After the beach, cross the bridge for fresh seafood right off the boats, or continue walking to the Hampton Beach Boardwalk to enjoy restaurants, shops, & nightlife! Unit #1, stairless entry from enclosed porch, 2 beds, and a ¾ bath. Unit #2, Maple hardwood floors throughout, 8 beds, 2 baths (see floor plans) and a beautiful wood-ceiling porch where you can unwind & watch the sunsets! Vinyl siding, metal roof, an enclosed outdoor shower, parking for 6-7 cars, this property is a welcome retreat to enjoy the summer and start your own family traditions for generations to come!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $793 | $793 | $793 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,153 | $5,679 | $7,908 |
Total Monthly Payment | $6,071 | $6,597 | $8,826 |
* 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.