This riverside lot has an approved State of NH Wastewater System dated 12-14-2022, it is cleared, and there are estimates available for septic and driveway installation. Ready to start construction? Experience the tranquility of riverside living with this rare 1. 53-acre lot in the esteemed Sugar River subdivision. Located in the picturesque town of Newport, NH, this lot offers a unique opportunity to build your dream home with stunning views of the river and mountains in your own backyard. With its cleared space and approved septic design, this lot is ready for construction. Step outside and follow the trail to the river's edge where you can enjoy fishing or a refreshing dip in the cool waters. Nestled within 130 acres of rolling hills, ponds, and brooks, Sugar Brook Development offers a peaceful escape while still being close to all the amenities you need. The community boasts over 20 acres of open space and is home to 63 single-family residences, providing ample privacy and exclusivity. This lot is conveniently located just a mile past Newport Golf Course and offers easy access to shopping, skiing, and schools. Whether you're looking to build your forever home or a vacation retreat, Sugar Brook is the perfect place to call home. Don't miss out on this incredible opportunity to own a slice of riverside paradise in Newport, NH!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $57,000 | $57,000 | $57,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.308% | 6.644% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $394 | $384 | $493 |
Total Monthly Payment | $469 | $459 | $568 |
* 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.