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00 Route 11 & New Durham Road, #57, Alton, NH, 03809 | $350,000
Alton Traffic Circle Location - Gateway to the Lakes Region. This lot contains 1, 207' of road frontage situated on 3. 05 acres and has the potential for an additional acres and road frontage. This commercial property has an extremely high traffic count and acts as the connector for Routes 11 & 28 which takes you right into the Lakes Region entering from the Seacoast or Southern NH. This gateway for tourists leads you to Lake Winnipesaukee and services a large percentage of very expensive waterfront & vacation properties in the towns of Alton, Gilford, and Wolfeboro. Scenic village of Alton Bay is a popular destination and is a port for the MS Mt. Washington. Neighboring businesses include McDonalds, Hannafords', Aubuchon's, Alton Circle Store, and medical office buildings to name a few. The property is currently zoned Rural Residential which allows for select residential, institutional, retail or service industry business options but a variance could be applied for from the Town of Alton to gain more expanded commercial uses of the property. This is an excellent opportunity for many!
Features
- Property Type: Land
- Zoning: Rural Residential
- Frontage: 1027
- Acreage: 3.05
- Est. Taxes: $1,322
- MLS#: 5013109
- Website: https://www.raveis.com
/prop/5013109/00route11andnewdurhamroad_alton_nh?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/5/2024Listing courtesy of Roche Realty Group Phone: 603-279-7046
Listing Agent: Kathleen Davis
William Raveis Family of Services
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
00 Route 11 & New Durham Road, #57, Alton, NH, 03809
$350,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $280,000 | $280,000 | $280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
| Monthly Tax Payment | $110 | $110 | $110 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,863 | $1,861 | $2,361 |
| Total Monthly Payment | $2,048 | $2,046 | $2,546 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB