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OK, so this needs a little "thinking outside the box". How would you re-design the interior to make this a show stopping, comfortable living space? This building is currently being used as office space but is zoned RC which allows for a single residential or duplex property. The location is central to everything lakes region. Walk to Patrick's Pub or Sawyers Ice Cream. Sit outside and listen to the bands playing at Bank of NH Pavilion. 10 minutes or less drive to all the major stores and movies. You could even walk to Gilford Public Beach in 5 minutes. The building itself is built with brick and concrete. New double pane windows throughout. A brand new gas furnace with instant on hot water has been installed. There are two recently installed mini-splits. And, all new lighting. Floors consist of hardwood, tile, and pergo. There are two half baths and a kitchen sink area with a couple cabinets. There's even a four season room with windows on three sides allowing you to watch the world go by. The lot is flat with plenty of parking for all the friends that will want to stop by during their favorite act playing at the pavilion. If you need signage for a business, there's plenty there and is better than paying for billboards. So use your imagination. You're at the fork in the road. Take the route less traveled! Owner is licensed agent.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $398,320 | $398,320 | $398,320 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | $339 | $339 | $339 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,650 | $2,647 | $3,415 |
Total Monthly Payment | $3,064 | $3,061 | $3,829 |
* 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.