Traditional NE Cape style bank building, with two full finished above floor spaces as well as fully finished basement. Three lane drive up, two curb cuts off busy State highway. Well landscaped, exterior lighting, multiple entrances allow for subdivision of building. First level-2800 sq ft, Second level, 2400 sq ft, Basement level, 2700 sq ft. finished with training room, staff kitchen and storage. Built in 1998, this former full service bank facility is in excellent condition. Wood clapboard siding, architectural shingles, double hung and fixed pane windows, 600 amp electrical, town water, town sewer, underground power servicing the building. Key location for both local traffic and year-round tourist business. Well suited for office, healthcare, or retail use. Average daily traffic count in excess of 10, 000 cars per day. Current owner willing to lease back drive-up ATM pad at rear of property.
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$800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $640,000 | $640,000 | $640,000 |
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 | $1,361 | $1,361 | $1,361 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,258 | $4,254 | $5,488 |
Total Monthly Payment | $5,711 | $5,707 | $6,941 |
* 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.