Opportunity knocks REALLY LOUD here. This property is being offered for the first time on over 50 years and offers a 2600+ Square foot 3 BR, 3 bath main home with an attached (modern) 2 car garage with walk up storage above. You will also find several outbuildings, acres of fields and 59 Acres! You will discover well over 2000 Feet of frontage on town roads ( 800+ on PAVED Salisbury and 1300+ on Purgatory Falls Rd) and ample seemingly buildable home sites throughout the lot. The house predates the constitution and has some wonderful period features. Just how old is that cookstove in the kitchen and should those wide pine boards in the living room been sent to the king instead of kept here by those pesky Yankees? We may never know. The home has been continuously lived in up until October 2024 and it needs some love. Home probably will not qualify for government financing programs due to some peeling paint and other deferred maintenance but it is "livable" There are dual heating systems (FHA Propane in original main house and an LP monitor in the kitchen for that wing). Property to be sold AS IS and a quick closing would be preferred. Sellers do plan on getting remainder of house, garage, and outbuildings emptied prior to closing unless a TRUE as is seen offer comes in, which would be entertained. EASY TO SHOW.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $551 | $551 | $551 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,593 | $3,589 | $4,554 |
Total Monthly Payment | $4,236 | $4,232 | $5,197 |
* 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.