63 Old Street Road, Peterborough, NH, 03458 | $1,900,000

This iconic landmark property. . . together with town approvals for 32 luxury condominium units. . . is now available for sale. The c. 1912 'Highland Farm' property, built for Benjamin Cheney, founder of the American Express (stagecoach) Company by Forrest C. Mercer with the aid of one 16 year old helper, Henry Nyland and a turn of the century crew of Italian Stonemasons from Canada (who also worked on the famous "Castle in the Clouds" property), has been meticulously preserved and readied by its current owners to support any future residential use. Set on a magnificent 32 + acre site with long road frontage and broad sunset view of Grand Monadnock over abutting conservation land, the property includes a spring fed pond with two crystal clear water wells, lovely open land with potential for agricultural use and mixed forest land with nature trails abutting a tranquil woodland wetland. A short stroll to the beautiful Cranberry Meadow nature trail and just minutes from the attractive village center shops, restaurants, bookstore, movie theatre and art galleries, this property is a one of a kind investment opportunity and a singular site for a magnificent country estate. Also see MLS listing #4850733.

Features

  • Rooms: 1
  • Style: Bungalow,Arts and Crafts
  • Year Built: 1912
  • Heating: None
  • Cooling: None
  • Basement: Crawl Space,Dirt,Dirt Floor,Gravel,Unfinished,Walkout
  • Approx Sq. Feet: 0
  • Acreage: 32.46
  • Est. Taxes: $8,349
  • Lot Desc: Agricultural,Field/Pasture,Level,Mountain View,Open,Pond,Rolling,Trail/Near Trail,View,Walking Trails,Wetlands,Wooded
  • Elem. School: Peterborough Elem School
  • Middle School: South Meadow School
  • High School: Contoocook Valley Regional Hig
  • School District: Contoocook Valley SD SAU #1
  • MLS#: 4888366
  • Website: https://www.raveis.com
    /eprop/4888366/63oldstreetroad_peterborough_nh?source=qrflyer
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Listing courtesy of Four Seasons Sotheby's International Realty   Phone: 603-924-3321
Listing Agent: Andrew Peterson

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63 Old Street Road, Peterborough, NH, 03458

$1,900,000

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5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,520,000 $1,520,000 $1,520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 7.125% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.531% 7.228% 7.041%
Monthly Tax Payment $696 $696 $696
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,483 $10,241 $13,556
Total Monthly Payment $10,304 $11,062 $14,377

* 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.