Enjoy the tranquility of living in the heart of the scenic Rye Beach Precinct with roads framed by stone walls, mature trees, and graceful homes. This rare, expansive 2+ acre private estate offers a level yard, majestic trees, and sweeping views of the Abenaqui golf course. Less than a mile to Sawyers Beach and just over a mile to Jenness Beach. Most of the interior of the home has been gutted (2024) so much of the prep work has been completed for a new owner to rehab the existing house or to potentially demo the existing house to build their new, ideal custom home, and the newly approved 5 bedroom septic design (7/2024) may potentially be amended for rehab or rebuild. Potential rehab, demolition of existing home, new build, septic design changes, etc. are all subject to a new owner obtaining all required permits and approvals. Three car detached garage with unfinished room above provides additional potential living area. Circular driveway. Peaceful cul-de-sac neighborhood. 15 Fairway Drive offers convenient access to sandy beaches and downtown Portsmouth, providing world-class dining, cultural events, and vibrant shopping experiences.
Our 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 Insurance Division:
$2,999,999
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 | $2,399,999 | $2,399,999 | $2,399,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,439 | $14,583 | $19,770 |
Total Monthly Payment | $13,564 | $14,708 | $19,895 |
* 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.