This wonderfully updated first story condo is ideally sited on Kings Highway directly across from 1st Street, one block away from Hampton's North Beach. This charming three bedroom, one level condo features a spacious living room, a cozy dining area, a primary suite with walk-in closet and two additional sunny and bright bedrooms, a stylish bathroom with a gorgeous custom shower and a well equipped and functional kitchen. Enjoy sunsets on the lovely communal deck and utilize the shed to store your beach toys. Priceless is the assigned 1 car parking in the back and the Hampton resident sticker, which will entitle the bearer to all that Hampton has to offer. Less than one hour from Boston, Manchester and Concord, this quintessential beach condo is a true Hampton Gem! HOA fee includes all utilities. NOTE: investment potential for purchase of units 1 & 2 at $775, 000. Current lease in place until 4/30/25.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $348,000 | $348,000 | $348,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $261 | $261 | $261 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,315 | $2,313 | $2,984 |
Total Monthly Payment | $2,651 | $2,649 | $3,320 |
* 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.