38-year family-owned property - New to the Market! Great opportunity & Great location! This building has been meticulously maintained and has been tastefully remodeled. The property consists of 2 buildings -3 units with the potential to be turned back to a 4 unit. Building 17 is Owner occupied and tastefully updated. Kitchen and bathroom updates including granite counters, cabinets, built-in breakfast bar, appliances, walk-in tile shower, ceramic tile and hardwood floors throughout. Downstairs has its own entrance, bedroom, living room and full bathroom with laundry. Unit 15 - consists of 2 units: first floor 1-bedroom open concept kitchen, living room with an oversized bathroom. 2nd unit - 2 bedrooms, living room, kitchen and attic storage. Both have outdoor space with patio's, decks and shed for storage. Great marsh views, steps to the ocean just across the street close to all Hampton Beaches activities, restaurants entertainment and a stones throw to North Beach. This is a great opportunity to live at the beach while earning income, great investment for investors or for family fun. You can rent this full time or seasonally. Lots of opportunity in a great location. Call to make an appointment. SHOWINGS START FRIDAY SEPT 27 2-4PM, Open House Saturday Sept 28 Noon to 2pm
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $436 | $436 | $436 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,920 | $4,253 | $5,766 |
Total Monthly Payment | $4,448 | $4,781 | $6,294 |
* 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.