A rare State Street park-side and water-side brick townhome located at the very end of State Street directly opposite Prescott Park and just steps from the best of what historic downtown has to offer! The building is comprised of two units and it is first time offered in 35 years. On the ground level you'll find a renovated and sophisticated hair salon of 45 plus years, which encompasses the entire first floor and half of the second floor with his and her half baths and a private office located on second floor and with complete access to the full basement and ground floor pocket garden. You won't find a better located space for a salon or future office or retail space, nor will you find a townhome on this street that is closer to the park or the waterfront. The residential component features a three story penthouse above the salon starting on the second floor with a delightful family room with gas FP, pine floors, crown moldings and period wood paneling open to a tiled sunroom with southern exposure and views of the river and park, perfect for those with a green thumb! Middle floor features more pine floors and a charming custom island kitchen with beamed ceilings, exposed brick, a fireplace plus a separate and spacious living/dining room. Third floor deck overlooks Prescott Park and the Piscataqua River and is accessed from kitchen. Top floor bedrms/bath. No need for commercial space? Expand the residential component to four floors for a 2, 982sf private home. Very rare!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,391,200 | $2,391,200 | $2,391,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $1,184 | $1,184 | $1,184 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,765 | $15,114 | $20,178 |
Total Monthly Payment | $15,074 | $16,423 | $21,487 |
* 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.