|
|
14 FULLY APPROVED UNITS: Skip the Planning Board & Start Building. This is the definition of "Shovel-Ready. " Located on Pocket Street, this prime 3. 5-acre site offers a rare opportunity to bypass years of permitting and immediately break ground on a lucrative 14-unit residential project. The Project: Fully approved for an elegant courtyard-style townhouse community. The design features spacious layouts with dual ensuite bedrooms—specifically targeted at Peterborough’s downsizer and professional demographic (Median Age: 51 | Median Income: $98k). The Location: Situated off High Street, the site balances privacy with premium convenience. It borders the scenic Monadnock Country Club and is walking distance to the elementary school. This is a location that sells itself to buyers seeking quiet luxury within a vibrant community filled with shops, entertainment and restaurants. The Opportunity: With construction costs fluctuating, the value here is in the approvals. You aren't buying raw land; you are buying a green-lit project in a town with a severe inventory shortage. NH Housing Finance Authority projects a need for 1, 100+ units here. With an average town home sale price of $477k+, the margin potential on these boutique condos is significant. Perfect for a local builder looking to keep their crew moving with a manageable, high-demand project. Don't let your capital sit in permitting purgatory—start building on Pocket Street.
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 3/10/2026Our 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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$695,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $556,000 | $556,000 | $556,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.168% | 5.561% |
| Monthly Tax Payment | $200 | $200 | $200 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,201 | $3,330 | $4,470 |
| Total Monthly Payment | $3,493 | $3,622 | $4,762 |
* 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.