262 State Route 107, Seabrook, NH, 03874 | $2,379,000

PRIME DEVELOPMENT SITE? 9 +/- acres of raw land adjacent to the new casino and year-round entertainment complex “The Brook”, New Hampshire’s premier Casino destination and the state’s largest sportsbook location, The DraftKings Sportsbook. Seabrook is a border town Massachusetts and is located just 1-mile from I-95 (Exit 1) with municipal water & sewer and natural gas available. The commercial zone offers an opportunity for many uses including but not limited to many retail & service businesses, light industrial uses, hotels & motels, indoor recreational uses, some residential uses, restaurants (with or without drive-up windows), indoor self-storage, special events, agricultural & churches. (see attached zoning)

Features

  • Zoning: Commercial
  • Frontage: 1000
  • Lot Desc: Corner
  • MLS#: 4993493
  • Website: https://www.raveis.com
    /prop/4993493/262stateroute107_seabrook_nh?source=qrflyer
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Listing courtesy of SVN The Masiello Group- Portsmouth   Phone: 833-746-6479
Listing Agent: Patti Visconte

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

262 State Route 107, Seabrook, NH, 03874

$2,379,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,903,200 $1,903,200 $1,903,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.748% 6.396% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,806 $11,718 $15,932
Total Monthly Payment $10,931 $11,843 $16,057

* 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.