Substantial Price Improvement! Great opportunity to own this beautiful property offered for the first time on the market. Charming saltbox home neatly tucked off of the road. Located on historic North Rd, lined with stone walls, fields & pastures. A desirable location with a rural feel, yet convenient to all major commuting routes & shopping. This cozy home offers 2 generously sized bedrooms with ensuite baths, ample closet space and each bedroom has it's own staircase. The masonry wood burning fireplace is sure to take off the chill in the winter months. Open concept living space on the main level with lots of natural light. Beautiful pine flooring and the tongue and groove ceiling add warmth to this charming, comfortable home. The kitchen features an oversized refrigerator, a pantry area with prep space and bar. The living room is south facing and has built-in bookcases. The dining room is just off the kitchen and overlooks the patio. The patio is ideal for grilling & entertaining as it overlooks the private yard. An enchanting gazebo is sure to delight, image spending the afternoon reading & resting in your peaceful sanctuary. Enjoy the farm and flower stands on the road. Kensington is known for its equestrian community, trail system, Sawyer park & athletic fields. Close to downtown Exeter for shopping, restaurants and the Amtrak train, & just minutes to I-95 and Rte. 101 for commuters. Subject to seller finding suitable housing.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $532,000 | $532,000 | $532,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $665 | $665 | $665 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,451 | $3,406 | $4,418 |
Total Monthly Payment | $4,208 | $4,163 | $5,175 |
* 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.