Don't miss this LAST CHANCE to view 12 Archery Lane in it's AS IS condition. This charming ranch with 2 bedrooms, 1 bath and a 1 car garage is being sold "as is" for two more weeks . The home is located in a quiet neighborhood situated for convenient commute to Boston/ Manchester/Concord. The lot is large (. 5 acres) with much potential for outdoor seating and garden areas along beautiful Salmon Brook in the sun or shade. This property is an ideal opportunity for individuals looking to enhance value and gain equity through painting and/ or renovation. Main floor has hardwood floors throughout with a linoleum floor likely over hardwood in the kitchen. Harvey windows were installed approximately 10 years ago and all function nicely. The living room is bright and sunny with floor to ceiling windows. This home is conveniently located near schools and highways as well as in close proximity to Rivier College. Perfect blend of convenience, comfort and untapped potential. The home will have a functioning natural gas furnace within the next two weeks as well as a changed landscape (some tree removal, grooming and pruning). Watch for the updated photos and price change to reflect the upgrades!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $307,920 | $307,920 | $307,920 |
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 | $458 | $458 | $458 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,049 | $2,047 | $2,640 |
Total Monthly Payment | $2,582 | $2,580 | $3,173 |
* 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.