A rare opportunity in Concord, NH. A commercial/business banking lender was forced to take back a builder's home in Concord, NH. This beautiful brick and granite-faced, completely custom colonial is situated on a uniquely private 25+ acres. The home boasts 4 bedrooms, 2 Full baths, 1 3/4 Bath, and a 1/2 Bath encompassing more than 5000 sq/ft. This home was built to entertain with 2 outdoor decks, an open living concept, a beautiful floor-to-ceiling stone fireplace, and a unique first-floor room with a built-in bar and gas fireplace. For those in need of a home office, there is a beautiful first-floor office space with custom built-ins and gorgeous walnut flooring. There is a high-end, on-demand hot water system with central AC and central vac throughout the house. The three-car garage boasts oversized doors and high ceilings, radiant floors, water access, and a central vacuum. There is a small pond located on the property, which is a great place to relax and take in the wildlife. Much of the land remains wooded and ready for someone to take advantage of the possibilities. The home is accessed off of a quiet culdesac less than 5 miles to Main Street in Concord, The State Capitol, food dining, and much more. The home will need some love to bring it back to it's intended glory and is priced accordingly. A portion of the land is currently in a form of current use. Will be sold "as is".
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $795,600 | $795,600 | $795,600 |
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 | $1,973 | $1,973 | $1,973 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,517 | $4,899 | $6,660 |
Total Monthly Payment | $6,582 | $6,964 | $8,725 |
* 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.