NEW PRICE! Unique opportunity to purchase +/- 13. 61 acres abutting the Mass border and 2 miles to the beach. Conveniently located close to 95, Route 1, shopping, local amenities and 1 hour from Boston or Portland. Many possibilities for this property include renovating the existing home & 48’x28’ garage, building your dream home or considering the potential to redevelop the land. While Lot 27-1 has been surveyed D-19153 and a preliminary wetland map has been done, no additional engineering or studies for future development have been completed at this time. There may be a possibility for future development, Buyer to perform their own due diligence. Located in Seabrook’s Residential Zone 2R with town water & sewer and natural gas available at the street. Zoning allows for single-family, accessory dwelling units, two attached primary dwelling units as well as open space developments. The +/- 13. 61 acres consist of 4 separate parcels being sold together. 104 South Main St Map 15 Lot 28 is a +/-. 60 acre lot with a small 1930s home with an attached 1 car garage plus a large 48’x28’ detached garage. 102 South Main St Map 15 Lot 27 is a vacant +/-. 10 acre lot with town water & sewer available at the street. 102 R South Main St Map 15 Lot 27-1 is a +/-6. 91 acre lot accessed by a deeded right of way through lot 27. South Main St Map 15 Lot 27-10 is a +/-6 acre back lot. Please do not walk the property without an appointment.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $460,000 | $460,000 | $460,000 |
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 | $879 | $879 | $879 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,138 | $3,057 | $3,944 |
Total Monthly Payment | $4,109 | $4,028 | $4,915 |
* 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.