This structure was originally constructed as a 1, 350 SF residential ranch in 1958. Subsequently a 312 SF addition was added and the property became the site of the Dover Acupuncture Clinic. Although situated in an R -20 residential zone, the clinic was granted a variance to function as a medical services facility with up to 5 employees. Although the clinic has closed, the variance remains in place. The structure sits on 1. 3 acres of land on State Route 9 Littleworth Road. The property is located about 1, 000 feet, from the exit 8 on and off ramps to the Spaulding Turnpike with it's roughly 40, 000 vehicles per day. The structure is demised into what were a waiting reception area, 3 treatment rooms, 1. 5 baths, one with a shower, a roughly 300 SF kitchen area, a large former living room 271 SF and a former 150 SF dining area. The floors are all hardwoods with tile baths. There is a 2 bay 542 SF garage with driveway parking for 6 vehicles. Additional parking on the opposite end of the building can accommodate an additional 10 vehicles. The clinic is accessed by means of a ramp, from the parking area into the reception area. The kitchen is fully applianced and there is a full size washer and dryer in the basement. The building is ideal for and permitted by zoning ordinance to serve as: Adult day care, Beauty and Barber Shop, Child Care Facility, Educational Institution K - 12, Office, Personal Service Establishment, Veterinary Office, Animal Hospital or Kennel.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $231,200 | $231,200 | $231,200 |
| 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 | $484 | $484 | $484 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,313 | $1,386 | $1,859 |
| Total Monthly Payment | $1,872 | $1,945 | $2,418 |
* 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.