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Nestled in the serene hills of Newbury, discover this exquisite contemporary home spread across 3. 63 acres, offering stunning vistas of the mountains. Built-in 2000, this meticulously maintained 5-bedroom, 4-bathroom residence spans over 5300 square feet, blending modern comforts with natural beauty. Surrounded by lush trees, it provides both seclusion and proximity. Just 5 minutes from downtown, Lake Sunapee and Mount Sunapee are ideal locations! It boasts an attached 2-car heated garage and a detached 3-bay garage with a finished apartment above, which currently generates steady rental income managed by a meticulous property manager. Additionally, the main house operates as a successful Airbnb and doubles as a sought-after wedding venue year-round. The sellers, seasoned property managers from Boston, offer to continue managing the property, ensuring a stress-free gross income of $100k+ annually. Sold fully furnished, this property features a hot tub on the back patio overlooking the mountains and a finished basement equipped with a kitchenette, pool table, gym equipment, and more, for the perfect area for entertaining guests. Radiant heat, brand new high-capacity water heater, double ovens, stainless steel appliances, and custom woodwork reflect meticulous attention to detail. Embrace the quintessential New Hampshire lifestyle. Don't miss out on making memories in this perfect blend of luxury, convenience, and natural beauty.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Insurance Division:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $1,280,000 | $1,280,000 | $1,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | $1,013 | $1,013 | $1,013 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,572 | $8,090 | $10,975 |
Total Monthly Payment | $8,710 | $9,228 | $12,113 |
* 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.