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Welcome to this picturesque Colonial-style home nestled in the serene Mountainside neighborhood of southern Newbury! Enjoy the tranquility of your surroundings in this serene 4-acre setting, perfect for unwinding after a long day. Step inside to discover an updated kitchen, ideal for culinary enthusiasts, complete with Bosch appliances and farmhouse sink. Cozy up by the gas fireplace in the living room, creating the perfect ambiance for relaxation. Additionally, this home boasts 3 bedrooms, 2. 5 baths, a study, and a bonus room over the attached 2-car garage, providing ample space for comfortable living. Outside, the property showcases established perennial gardens and a paved driveway that adds convenience during all seasons of the year. The current owners expanded the rear deck, while adding Trex decking, along with an oversized gazebo to create a welcoming outdoor living space, perfect for gatherings. Backing up to 527 acres of private wooded land, you'll appreciate the privacy and seclusion this property offers. Meticulously cared for, this home exudes timeless elegance and charm, while offering convenient access to both Mt Sunapee Resort and Newbury Harbor Beach on Lake Sunapee, and only an hour and a half from Boston. Don't miss the opportunity to make it your new home sweet home! Delayed showings until Open House, Sunday 5/5/24 11am-2pm.
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$699,000
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | $462 | $462 | $462 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,627 | $3,674 | $4,681 |
Total Monthly Payment | $4,181 | $4,228 | $5,235 |
* 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.