Come check out this newly renovated and updated 2 bedroom/2 bath direct waterfront home in Salem NH! The spacious open concept kitchen and dining area features a cozy wood stove, while the skylights and picture window provide tons of natural light. The kitchen also offers stainless appliances and features a brand new stove and range hood, brand new cabinets, brand new quartz countertops and a gorgeous kitchen island with plenty of storage. The living room boasts a lovely woodstove, perfect for keeping the whole home warm. The Primary bedroom, spacious remodeled full bathroom, and convenient laundry room complete the first floor. Upstairs, you'll find an additional roomy bedroom- along with another remodeled bath and an open area which can be used as a den or office. This home features a worry-free metal roof. Updates also include an on-demand propane heating system, 200 amp electric panel and new flooring throughout. Located on a . 25-acre lot, the home is on the beautiful historic Arlington Mill Reservoir, nestled in a cove where fishing, canoeing, kayaking, ice skating and so many year round water activities are all available right outside your door! Relax outdoors on the peaceful deck, and enjoy the 3 sheds on site. And, you'll surely be at ease with the very recently inspected septic system, reporting NO issues! Seller is a NH licensed real estate salesperson. Showings start on Sat at 11AM at the open house. Offers due Monday at 12PM.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $439,999 | $439,999 | $439,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.125% | 5.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.297% | 5.597% |
Monthly Tax Payment | $469 | $469 | $469 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,781 | $2,673 | $3,566 |
Total Monthly Payment | $3,342 | $3,234 | $4,127 |
* 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.