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53-55 Water Street, #203, Exeter, NH, 03833 | $889,000
The IOKA condominiums, where the charm of colonial New England blends with modern day living. Prominent in the heart of downtown Exeter this iconic movie theater has been transformed to accommodate stunning private residences. Nestled abreast the scenic confluence of the Exeter and Squamscott Rivers the unique setting is postcard picturesque. Elevator serviced, this 2-bdrm, 2-bath condo features open concept designs with timeless front window views of the classic bandstand and town hall. The secluded rooftop deck (residential use only) provides panoramic views of the river basin and surrounding area. The lower-level of the building incorporates facilities for secure storage. Walk out the front door of the IOKA to a flourishing scene of art galleries, bookstores, boutique shops, breweries, yoga studios, seasonal farmers market, festivities, and many other choices. Recognized as a “foodie town” the burgeoning restaurant scene in Exeter is all around you. Residents and guests parking in the municipal parking lot immediately adjacent the IOKA with on-street parking throughout town. Easy access to Rt 101/95, a 20-minute drive to the ocean, and about an hour or so drive to the cities of Boston, MA, or Portland, ME. AmtrakCommuter Rail provides regular service on the “Downeaster” train. National and international flight paths are available from airports nearby in Portsmouth, Manchester and Boston. This property is offered with significant tax saving advantages. Inquire for details.
Features
- Parking: Off Premises
- Heating: Forced Air,Mini Split
- Cooling: Mini Split
- Rooms: 4
- Bedrooms: 2
- Baths: 1 full / 1 three-quarter
- Complex: IOKA Condominiums
- Year Built: 1915
- Approx Sq. Feet: 1,071
- Est. Taxes: $885
- Lot Desc: Condo Development,Sidewalks,Street Lights,View,Waterfront
- Water Front: Yes
- MLS#: 5005098
- Website: https://www.raveis.com
/prop/5005098/5355waterstreet_exeter_nh?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/20/2024Listing courtesy of Ruffner Real Estate, LLC Phone: 603-772-6675
Listing Agent: Florence Ruffner
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53-55 Water Street, #203, Exeter, NH, 03833
$889,000
Customer Service
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 |
|
|---|---|---|---|
| Loan Amount | $711,200 | $711,200 | $711,200 |
| 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 | $74 | $74 | $74 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,818 | $4,207 | $5,858 |
| Total Monthly Payment | $3,984 | $4,373 | $6,024 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB