86 Shore Drive, Salem, NH, 03079 | $599,900

Great location! Two bedroom/Two bath Ranch with a large detached garage across from Arlington Pond. The fully appliance kitchen has a large eat in area to accommodate the family. Good size Livingroom with hardwood floors. Large family room with cathedral ceilings, surround sound and a wall of sliders looking into the back yard. This home has a front to back primary bedroom with hardwood floors with lots of closet space. This front to back room was believed to be 2 bedrooms, if you need an additional bedroom, you could possibly convert back to 2 bedrooms. Making it a 3-bedroom home. Laundry is on the 1st floor for your convenience. Cozy screened in porch to enjoy the warm summer nights. The home has been painted warm neutral colors. There is a large unfinished basement if you need additional space. The home has 2 heating zones and central AC. Home has a generator hook up. The large detached garage has water, separate heating and AC with its own 100-amp service. Room for 3 cars or boats & a large workspace. The 2nd floor of the garage has ample space to be used as a home office or for storage and has its own pellet stove. Washer, Dryer and generator can be included. Small yearly fee to join the association to use the boat ramp /beach just across the street. Three-bedroom septic was installed 2002. Arlington Pond is a full recreational lake. Bring your water toys & come enjoy the lake year-round!! Convenient to shopping, rail trails, restaurants and highway. Quick close possible

Features

  • Amenities: Beach Access,Boat Launch
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full / 1 three-quarter
  • Style: Ranch
  • Year Built: 1961
  • Garage: 3-car Garage
  • Heating: Hot Air,Multi Zone
  • Cooling: Central AC
  • Basement: Bulkhead
  • Approx Sq. Feet: 1,766
  • Acreage: 0.46
  • Est. Taxes: $2,786
  • Lot Desc: Lake View
  • High School: Salem High School
  • School District: Salem
  • MLS#: 4989008
  • Website: https://www.raveis.com
    /prop/4989008/86shoredrive_salem_nh?source=qrflyer
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Listing courtesy of Keller Williams Gateway Realty/Salem   Phone: 603-912-5470
Listing Agent: Ellen Lombardi

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86 Shore Drive, Salem, NH, 03079

$599,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

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5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,920 $479,920 $479,920
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% 7.159% 6.538%
Monthly Tax Payment $232 $232 $232
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,274 $3,190 $4,115
Total Monthly Payment $3,598 $3,514 $4,439

* 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.