This unique Lamprey River property offers a blend of versatility and convenience, combining a classic New Englander home with an adjacent commercial building, perfect for entrepreneurs and investors alike. Nestled on the same lot as the commercial building, this tastefully appointed residential home offers 3 bedrooms, 1. 5 bathrooms, a detached 2 car garage with lots of extra storage. Adjacent to the residential home, discover a 4 stall horse barn with in and outs, tack room, hayloft and a 2, 800sqft commercial building, once a Veterinary Clinic with circular driveway and ample parking. Offering endless possibilities for business owners and investors. Several businesses are permitted by special exception such as antiques shops, barber shop and beauty salons, nurseries, professional offices, real estate offices, craft shop, woodworking or cabinetry, kennels with a caretakers quarters. Whether you're looking to live and work on the same property or seeking an investment opportunity with multiple streams of income, this property offers the best of both worlds.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.790% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,370 | $4,725 | $6,315 |
Total Monthly Payment | $4,462 | $4,817 | $6,407 |
* 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.