Great location just out of downtown Newmarket--this large colonial with 3 bedrooms and 2 baths has another studio w/loft, legal apartment to customize as you wish for added income or private space for family member. Many period details have been maintained in this home such as stained, leaded windows, kitchen windows with flat panel wood shutters, wood fireplace with beautiful mantel, and hardwood floors that are in good shape ready to be refinished! Covered porch overlooking the side yard, perfect to watch the world go by! Second floor boasts 3 large bedrooms, 1 with 3/4 bath, 1 could be turned into a full Primary En Suite with huge, walk in cedar closet. A walk up unfinished attic which could possibly be a large area for play room, TV room, etc. A detached, 2 car garage, patio, a spacious, level, back yard is perfect for cook outs, play area, or gardening. This lot has many flowering trees and flowers surrounding the home. A newer roof, vapor barrier in basement, and kitchen appliances. Walking distance to the quaint, downtown restaurants and shops and perfect for commuters to Routes 101 and 95. Showings start at the open house, Saturday, November 9, 2024, from 12 pm to 2 pm. Come check out this historic home that has HUGE possibilities for all your needs!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,920 | $399,920 | $399,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $683 | $683 | $683 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,728 | $2,658 | $3,373 |
Total Monthly Payment | $3,486 | $3,416 | $4,131 |
* 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.