Step into the timeless elegance of the historic John W. Busiel House, where classic allure meets modern sophistication. This architectural gem, nestled in the heart of downtown Laconia, offers a fusion of residential & commercial possibilities & stands as a testament to exquisite craftsmanship. Immerse yourself in the opulent ballroom, adorned with an ornate gold ceiling; marvel at the fine details; original stained glass windows to the intricate crown molding, meticulously preserved to honor its storied past. This versatile property beckons entrepreneurs with its potential for a bed & breakfast, office enclave, or an exclusive retreat. Utilize the convenient elevator & entertain in the highly equipped kitchen. A detached 3-car garage offers ample storage, while the inviting three-season sun porch provides a tranquil oasis for relaxation. Discover the epitome of downtown convenience, with vibrant attractions mere steps away- the historic Colonial Theatre to eclectic dining and boutique shopping, entertainment abounds at your doorstep. For outdoor enthusiasts, the WOW Trail, Lake Winnipesaukee, Lake Opechee, and Lake Winnisquam are just minutes away, offering endless possibilities for recreation, boating, fishing, and water sports. With a charming backyard retreat & ample parking, every aspect of luxury living is thoughtfully curated. Seize this unparalleled opportunity to own a piece of Laconia's rich heritage and make your mark on history.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $875,200 | $875,200 | $875,200 |
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 | $937 | $937 | $937 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,698 | $5,177 | $7,209 |
Total Monthly Payment | $5,760 | $6,239 | $8,271 |
* 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.