Welcome to 185 Meadow Street in Sanbornville, the vibrant commercial center of the Town of Wakefield. Here is a unique opportunity to own an established Antique, Vintage & Collectibles Store in the heart of a pedestrian friendly town. This is a prime location near restaurants, stores, library, school and adjacent residential neighborhoods. Continue the store as is or change the use to one of the many allowable options in the Village Residential Zone. See the attached zoning ordinance in the documents. Once inside you will be impressed by the generous open floor plan with three rooms on the main floor and an equally sized fully heated basement. The garage door offers convenient access to the rear of the building. The survey shows that an additional driveway could be created to the rear of the building from Summer Street. Recent energy updates include economic LED lighting throughout and a high efficiency hot water, oil-fired boiler with separately zoned baseboard heating. The half bath could be expanded should you decide to convert this property. The basement offers a huge, heated workshop, storage and a new walk-out personnel door. Wakefield with its seven lakes offers a bustling influx of homeowners and tourists during the spring, summer and fall months, as well as snowmobilers, ice fishermen and skiers in winter. Easily accessible via Rte 16, Rte 109 and Rte 125. If you are looking to be part of this sought after and growing community, this may be the property for you!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $232,000 | $232,000 | $232,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $146 | $146 | $146 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,544 | $1,542 | $1,956 |
Total Monthly Payment | $1,765 | $1,763 | $2,177 |
* 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.