Excellent opportunity for 14. 5 acres of commercial land on Route 3A/Hill Road with 559' of frontage on a state maintained road. This land is zoned B1 and I2, potential uses with city approval include, hotel, restaurant, commercial recreation, inside/outside storage, school, funeral home, retail business, shopping center, greenhouse, essential services, light industrial, personal and professional services and two-family dwellings. This area still needs restaurants, hotels and entertainment venues, this could be the perfect place for that! Perfect location to get your business/franchise in this area and do your part in the revitalization! Location is within 12 mins to 93S/93N. All of the following outdoor recreation establishments are within minutes to this property, Mill City White Water Park, Webster Lake, Highland Mountain Bike Park, Veteran's Memorial Ski area and the rail trail. Within 20-30 mins is Ragged Mountain Ski area, Gunstock Ski area, Newfound Lake, Lake Winnisquam and Lake Winnipesaukee. Buyers to do their own due diligence. This will not last long!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $343,920 | $343,920 | $343,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.171% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,346 | $2,286 | $2,949 |
Total Monthly Payment | $2,421 | $2,361 | $3,024 |
* 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.