Discover a truly exceptional opportunity in the heart of the desirable Village of North Conway. This fully licensed Bed & Breakfast guest house boasts nine beautifully renovated bedrooms and eight upgraded baths, offering a charming and comfortable stay for guests. Ideally situated near skiing, golfing, shopping, and renowned restaurants, this property provides an unbeatable location for year-round enjoyment. The guest house features modern amenities, public water and sewer services, as well as a comprehensive life safety sprinkler system with a dedicated main water line. The innkeepers' quarters were meticulously renovated in 2022, transforming into a spacious expanded one bedroom, one-and-a-half-bath unit with laundry facilities, conveniently located on the ground level for easy access. Each guestroom has been thoughtfully updated, with modernized baths and new windows enhancing comfort and appeal. The property has also seen significant exterior improvements, including replacement roofs—both steel, asphalt & architectural shingles—new paint on the entire building, and a repaved parking lot in July 2024. The barn/garage building measures 20'x 20' and has underground power with sub panel from main house. There is also a 8'x 14' additional storage shed for garden and yard tools. Don't miss out on this rare chance to own a thriving bed & breakfast in a prime location. Ask for a full list of upgrades & updates, and for additional financial information.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $514 | $514 | $514 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,135 | $5,562 | $7,426 |
Total Monthly Payment | $5,774 | $6,201 | $8,065 |
* 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.