PRIME ROUTE 1 (LAFAYETTE ROAD) LOCATION! HAMPTON, NH Commercial/Retail Free-Standing Building with good visibility, signage and generous ½ acre lot with Town Water & Sewer and Natural Gas. Formerly had Doggy Day Care, Flower Shop & Budget Rental Trucks operating out of this space and plenty of options for single or multiple users for owner occupied use with rental income. Currently vacant and plenty of off-street parking. Direct access to lower level from the rear as well as access to main floor from the front, street side door, and two side doors. Flexible layout with interior access to lower level from another main floor office. Apartment downstairs with residential owner occupancy allowed for operated business upstairs (Variance in hand for owner occupied residential use downstairs with owner occupied business upstairs). Excellent opportunity for an investor or owner/user. Easy to show on short notice!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $519,920 | $519,920 | $519,920 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $747 | $747 | $747 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,459 | $3,456 | $4,458 |
Total Monthly Payment | $4,298 | $4,295 | $5,297 |
* 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.