Nestled in the charming town of Derry, New Hampshire, this expansive 58-acre parcel of land awaits those with a vision for a unique lifestyle. Zoned as Low Density Residential (LDR), the property offers a canvas for various possibilities. Envision the potential of crafting a family compound on this spacious expanse, where each acre holds the promise of a tranquil and secluded retreat for generations to come. The compound is already started as there is a 3, 557 Sq Ft home already on the land. With a little bit of work the home can be up and ready for whatever you wish! The LDR zoning ensures a peaceful and low-density environment, perfect for a private enclave where family members can build their homes while maintaining a sense of community. For those with an agrarian dream, the possibilities are truly endless. The soil offers fertile ground for cultivating your own farmstead. Picture fields of crops, a barn for livestock, and a homestead surrounded by nature's bounty. Embrace a sustainable lifestyle and create a bucolic sanctuary that combines modern living with the charm of rural life. Come take a look at this land today and bring your ideas!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,276 | $5,708 | $7,666 |
Total Monthly Payment | $5,401 | $5,833 | $7,791 |
* 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.