This late 19th century home is a diamond in the rough waiting to be restored and revived! Centrally located in the heart of of Derry and nearby to other period style homes rich with history and character. The covered wrap around porch is a nice welcome to this spacious New Englander, where you will find all generously sized rooms. Just off the front entry is a grand living room open to the dining room separated by the floor to ceiling center chimney fireplace. And also open to a den/sitting area by the fireplace. Several period features remain, including a built in china hutch, a butler's pantry with a cast iron sink and a charming rear staircase off the kitchen. The kitchen layout is very functional, with loads of counter space and cabinets, granite countertops and stainless appliances. The large island creates a great gathering space too. The woodstove adds character and a secondary heat source. The floors throughout are both pine and hardwood, the kitchen and bath floors are tile. The second floor has 2 bedrooms and a bonus or guest room. There is a 3/4 bath on the 1st floor and a full bath on the 2nd. After some attention and landscaping the side yard and sloping backyard will once again complement this home. The location is very convenient, walking distance to many amenities, Pinkerton Academy, Hoodkroft, MacGregor Park and more. Great potential for the right buyer. The property is being sold as-is.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $300,000 | $300,000 | $300,000 |
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 | $723 | $723 | $723 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,996 | $1,994 | $2,572 |
Total Monthly Payment | $2,794 | $2,792 | $3,370 |
* 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.