Location, location, location! This excellent investment property is perfectly situated just a short walk from the lively festivities of Sunapee Harbor. The two-unit multifamily home offers spacious living with each unit featuring two spacious bedrooms, a full bath, and large windows that flood the rooms with natural light. You'll love the warmth of the wood floors and the charm of the formal dining rooms, along with plenty of additional space for your needs. The full-size attic holds great potential to be converted into a studio apartment. Enjoy cool evenings on your deck, listening to the delightful music from the harbor, or relax in the sizable backyard. Located less than 10 minutes from both Lake Sunapee and Mount Sunapee Resort, this property is an exceptional opportunity for a rewarding investment and an enviable lifestyle.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $511 | $511 | $511 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,815 | $3,717 | $4,757 |
Total Monthly Payment | $4,418 | $4,320 | $5,360 |
* 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.