110 Laurel Street, Newport, NH, 03773 | $699,900

GREAT INVESTMENT OPPORTUNITY!! Experience the best in this unique property, nestled in the town of Newport, within walking distance to downtown and all it has to offer. This expansive 22-acre estate offers many opportunities for development, with 233 feet of road frontage and access to town water and sewer. Situated in a quiet neighborhood, this home has a new roof installed in 2020 and all exterior wood trim was painted this year. Attached is an impressive 2 story barn, with 2 additional lofts, offering plenty of space for storage of equipment, recreational vehicles and tools. There are workshops on the first and second levels. The home itself is currently divided into 3 separate one bedroom living quarters, providing a nice income. However, great care was taken by the owner who lives onsite, to design the spaces in such a way that the property could easily be returned to a single family home or keep one apartment for income while living in a 2 bedroom home with ensuite baths. Currently there are 3 bedrooms and 3-1/2 baths and laundry rooms on the first and second floor. The first floor master suite has a dressing room and master bath. The attached 2 bay garage and workshop, offer endless possibilities with plenty of storage and work space. From the back patio, you can enjoy the peaceful views of the woods and lush lawns which surround the house.

Features

  • Bedrooms: 4
  • Units: 3
  • Style: Colonial
  • Year Built: 1880
  • Garage: 2-car Garage
  • Heating: Baseboard
  • Cooling: None
  • Basement: Unfinished
  • Approx Sq. Feet: 2,591
  • Acreage: 22
  • Est. Taxes: $6,743
  • Lot Desc: Field/Pasture,Sloping,Wooded
  • Elem. School: Richards Elementary School
  • Middle School: Newport Middle and High School
  • High School: Newport Middle High School
  • School District: Newport Town School District
  • MLS#: 4990421
  • Website: https://www.raveis.com
    /prop/4990421/110laurelstreet_newport_nh?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/18/2024
Listing courtesy of Dolan Real Estate   Phone: 603-763-6033
Listing Agent: Jessica & Anthony Dolan

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

110 Laurel Street, Newport, NH, 03773

$699,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $559,920 $559,920 $559,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.159% 6.286%
Monthly Tax Payment $562 $562 $562
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,820 $3,721 $4,725
Total Monthly Payment $4,474 $4,375 $5,379

* 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.