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Investor/rehab opportunity with strong upside in Barnstead. Set back from the road on ~1. 3 acres of open yard and woods, 20 Maple Street is a 4BR/1BA antique home with a barn and rehab work already underway. Classic charm remains with wide pine floors, perennial gardens, and refinished tin ceilings. Completed improvements include: newer roof on the house (metal roof on barn), working FHA heat, functional full bath, new windows, newer water heater, drilled well (1995), refinished/painted second-floor floors and walls, and a passed septic inspection. First-floor updates include trimmed windows and partial painting. A white kitchen setup (cabinets, counter, sink) is included; the kitchen has been gutted, re-supported, and fitted with a new subfloor. Sink drain is plumbed, and the laundry room is adjacent. The property offers a rolling hill beside the barn—great for sledding—and an established garden area. The barn provides storage, workshop potential, or future value-add options. Value-add scope (buyer to verify): roof work over existing bath, potential 2nd-floor half bath, porch flooring, siding, first-floor lighting, kitchen completion (water supply needed), and some electrical updates. The detached kitchen/bonus room offers multiple strategies: finish as a vaulted/insulated space, convert to a mudroom/family room and relocate the kitchen, or explore ADU/efficiency potential (separate heat source required; woodstove included). Barn needs gutters and added support. With the right improvements, the property may support a resale in the $400K+ range (buyer to perform due diligence on ARV, comps, and permitting). Financing: Cash or rehab loan only. Condition: Sold as-is; seller will not make repairs. Review the property disclosure for full details.
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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 | $240,000 | $240,000 | $240,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.650% | 5.866% |
| Monthly Tax Payment | $284 | $284 | $284 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,458 | $1,517 | $1,977 |
| Total Monthly Payment | $1,817 | $1,876 | $2,336 |
* 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.