Located in the prestigious Rye Beach Village District, Sea Road is perhaps the most desired street on the NH seacoast with its tree-lined sidewalk to sandy beaches. This circa 1902 home is iconic, with original architectural detail carefully preserved and showcased throughout. Elegant, sun-filled interiors have soaring ceilings, expansive windows and exceptional craftsmanship found in signature homes of this era. 3 finished levels include a main floor flow ideal for entertaining. The center of all things social, the bright eat-in kitchen opens to the south-facing family room with wood stove and direct access via slider to the yard. At the opposite end of the kitchen is the formal dining room with French doors that welcome the fresh air via the screened porch, and the formal living room with wood-burning fireplace and additional access to the porch. The turned staircase, with back stairs to the kitchen, leads to the second floor. 4 oversized bedrooms and full bath, includes a primary suite w bath. An enclosed staircase leads to the 3rd floor with 2 more rooms and a half bath. Original hardwood floors throughout are in exceptional condition. A deep, covered screen porch runs the length of the house and around the corner. The detached garage with an opportunity above for au-pair or in-law; currently equipped with kitchen and bath, this charming 2-room suite would need some attention. This magnificent coastal landmark property sits proudly on over half an acre of land.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,080,000 | $3,080,000 | $3,080,000 |
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 | $1,138 | $1,138 | $1,138 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,534 | $18,219 | $25,371 |
Total Monthly Payment | $17,797 | $19,482 | $26,634 |
* 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.