What on opportunity with this property! This property is a newly renovated, 5 bedroom home this sits right in the middle of Center Harbor. Nice level lot with a detached two car garage. From here you can walk to the store, dinner, the beach or any other amenity that the town offers. The best part is that the lot is zoned Commercial/Village so bring your imagination as to what you could do here! The house is currently used as an short term rental that currently gains about $60, 000 annually. Continue to use it that way, make the whole structure commercial use or mix use with residential and commercial. The site is serviced by town sewer and a private well. The best part is that Lake Winnipesaukee is just out the door! Great investment opportunity is here!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $791,200 | $791,200 | $791,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.103% | 6.915% |
Monthly Tax Payment | $354 | $354 | $354 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,872 | $5,264 | $7,001 |
Total Monthly Payment | $5,318 | $5,710 | $7,447 |
* 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.