245 Edward J. Roy Drive, #315, Manchester, NH, 03104 | $370,000

Welcome to this highly sought after condo community, Stone Terrace Condominium! This 3rd-floor unit is located in a prime location, less then a quarter mile from I-93 exit 8, making it a commuter's dream. Enjoy the peaceful forest view from your own private balcony off the living room with a western exposure. There are 2 bedrooms each with its own bathroom. The primary bedroom features a 3/4 bath and 2 hallway closets with hook ups for stackable washer; or, if you prefer, utilize the third floor laundry room near the elevator. The condo features stylish appointments and the seller is offering a credit towards painting when she moves out. The floors are a fresh looking laminate oak. This unit comes with one deeded, heated, underground parking and one 4x12 storage area. This unit provides ample closet storage space for all your seasonal belongings. Every floor including the basement are serviced by the elevator which is centrally located with assisted door openings for the handicapped. Take advantage of the clubhouse for larger family gatherings with friends and family and use the outdoor pool. The condo fee includes heat and hot water, which makes budgeting for monthly expenses easier. The association takes care of trash disposal, sewage, water, snow removal and landscape and building maintenance (new shingled roof) for club house and exterior. This property is FHA and VA approved. Back up offers and showings are requested .

Features

  • Parking: Auto Open,Heated Garage,Parking Spaces 1,Visitor
  • Heating: Baseboard,Hot Water
  • Cooling: Wall AC Units
  • Amenities: Building Maintenance,Management Plan,Master Insurance,Storage - Indoor,Landscaping,Elevator,Pool - In-Ground,Trash Removal
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: Stone Terrace Condominium
  • Year Built: 2001
  • Approx Sq. Feet: 1,081
  • Est. Taxes: $2,201
  • Lot Desc: Condo Development
  • Elem. School: Weston Elementary School
  • Middle School: Hillside Middle School
  • High School: Manchester Central High Sch
  • School District: Manchester Sch Dst SAU #37
  • MLS#: 5007096
  • Website: https://www.raveis.com
    /prop/5007096/245edwardjroydrive_manchester_nh?source=qrflyer
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Listing courtesy of BHHS Verani Salem   Phone: 603-890-3226
Listing Agent: Jeff Rapson

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245 Edward J. Roy Drive, #315, Manchester, NH, 03104

$370,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $296,000 $296,000 $296,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $183 $183 $183
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,799 $1,799 $2,339
Total Monthly Payment $2,057 $2,057 $2,597

* 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.