Historically known as Beauport- This unique property has a rich history deeply intertwined with Rye Harbor. Originally built in 1873 as a sheep herding farm, Beauport was repurposed in 1984 to a post and beam Cape Cod style home. Sited above the water line, this exclusive . 33 acre property features 3 bedrooms and 2 baths, with a charming rustic artisan flow and an oversized two car garage with finished space above. All powered by Solar energy making for very low utility costs. The property's highlights include its incomparable views of the harbor including stunning vistas across the jetty to the isles of shoals and cooling salt marsh views to the south, providing a front row seat to the best nature has to offer. The orientation allows for unobstructed views of fabulous sunrises and sunsets and the vibrant activity of the harbor boat scene, not to mention the four seasons that unfold in front of your eyes. The setting is reminiscent of a bygone era with a working waterfront where the daily catch is brought in and sold at local lobster pounds. Rye is known for its low taxes, beaches, golf courses and proximity to downtown Portsmouth and easy access to Boston and Manchester Airports. Living on Rye Harbor is a lifestyle that rarely becomes available.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,780,000 | $2,780,000 | $2,780,000 |
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 | $1,202 | $1,202 | $1,202 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,003 | $17,571 | $23,459 |
Total Monthly Payment | $17,330 | $18,898 | $24,786 |
* 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.