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Center Harbor, NH 03226- We are in an incredible real estate market right now and this property appears to be a great investment. Although this is presently a restaurant, does not mean that it needs to stay a restaurant. This could be shops, office space, a Bed and Breakfast, let's take a look. The building went through much historical renovation and The Coe House right now, serves as a really nice Italian restaurant. Over the past 20 years, there has been success flowing in and out of this building with different businesses. Now it may be your time or now, you may just want to own this iconic property. When renovated, every inch of wood was scraped to successfully remove any and all lead paint from the premises, and all the plumbing and electric was brought up to code and remains that way today. Here is something you did not know, this is a condominium, part of the Center Harbor Village Association, and with this comes great value. The dues are $1, 000. /month, and included in the fee is your building insurance, the ground maintenance, work to any exterior part of this property like the fencing, the roof, the siding, etc. This owner believes the condo fees are well worth the investment. You are surrounded by successful and quality businesses helping you to succeed in your business. The proximity to Center Harbor Bay is perfect, offering your business to all the island owners that are here each summer. Come with you plans, we are ready to show you around.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $359,200 | $359,200 | $359,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.178% | 5.541% |
| Monthly Tax Payment | $767 | $767 | $767 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,040 | $2,154 | $2,888 |
| Total Monthly Payment | $2,882 | $2,996 | $3,730 |
* 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.