Prime 3. 5+/-acre commercially-zoned parcel of land for sale located near to Exit 17 off I-93 along well-traveled Hoit Rd. (US Route 4: 15, 000-20, 000 VPD) at the Canterbury/Concord town line. Access to this parcel is off Old Boyce Road at the first rotary along Route 4, positioned directly across from the large, rapidly growing retail complex anchored by DeMoulas Market Basket together with Home Goods, a NH State liquor store, Dunkin Donuts, Starbuck's, Wendy's, Jersy Mike's, Service Credit Union, and others. A 950-unit residential project is also soon to be constructed 1+/- mile to the south off the Whitney Road extension of the same rotary. This available parcel serves as an ideal location for a small supermarket, pharmacy, branch bank, auto parts store and/or other retail/medical/service possibility. No direct road frontage on Old Boyce Road. A small, triangular-shaped, 397 SF+/-portion of the Property is situated within the City of Concord and has a 13. 42' segment facing Old Boyce Road. The State will sell property owner an access easement from Old Boyce Road to the Property for $43, 000 plus an administration fee of $1, 100 (Seller intends for potential buyer to pay total cost).
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $960,000 | $960,000 | $960,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,526 | $6,068 | $8,101 |
Total Monthly Payment | $5,651 | $6,193 | $8,226 |
* 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.