18 South shore Road, Salem, NH, 03079 | $975,000

Lakefront living with 107 ft of waterfront, this Canobie Lake contemporary Cape offers unobstructed views from every room in the house! New granite & brick entryway steps take you to the cathedral, two-story entry way, into one of two living rooms. Open concept kitchen/dining area, with stainless steel appliances. Enjoy an abundance of natural light in the bonus room, with pool table and glass solarium. First floor bedroom with en suite bath. Second floor has an expansive primary with en suite jetted tub, steam shower and balcony. 3 Decks offering picturesque views of the water. Custom stained glass built-ins, hardwood floors with walnut in-lay, and expansive closet space. Newer roof, newer 2023 Bryant furnace, powered skylights, alarm system, central vac, and new flagpole. 1 car Garage under as well as separate 2 car garage with loft storage. Your own private boat launch and dock. Delayed showings, Open House 9/28 & 9/29 12-2.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Style: Cape
  • Year Built: 1987
  • Garage: 3-car Garage
  • Heating: Direct Vent
  • Cooling: Central AC
  • Basement: Walkout
  • Approx Sq. Feet: 2,300
  • Acreage: 0.5
  • Est. Taxes: $12,531
  • Lot Desc: Lake Access,Lake Frontage,Lake View,Landscaped,Level,View,Water View,Waterfront
  • Water Front: Yes
  • Middle School: Woodbury School
  • High School: Salem High School
  • MLS#: 5015440
  • Website: https://www.raveis.com
    /prop/5015440/18southshoreroad_salem_nh?source=qrflyer
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Listing courtesy of Coldwell Banker Realty Bedford NH   Phone: 603-471-0777
Listing Agent: Jena Ducharme

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18 South shore Road, Salem, NH, 03079

$975,000

Customer Service

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 $780,000 $780,000 $780,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $1,044 $1,044 $1,044
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,429 $4,866 $6,530
Total Monthly Payment $5,565 $6,002 $7,666

* 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.