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9 Depot Road, New Durham, NH, 03855 | $350,000
Looking for a charmer and lovable home or investment? We’ve got a wonderful antique cape that has spent several decades being a duplex and now is happy to continue as a duplex or to switch back to being a single family again. This home sits on over 6 acres of land where a recent tenant kept horses and other animals along with a large garden. This parcel abuts conservation acreage and is in an aquifer protection zone so currently it is not subdividable. The present owner has done several improvements including a new roof, exterior paint, barn demolition (build another one?), interior paint, appliances, electrical and plumbing improvements amongst other things. It can still benefit from some carpentry work here and there and the basement being 200 years old could use some new windows and some other TLC. Both units have been vacated for the sale, unit 1 vacated end of August and was paying $1500, unit 2 left end of September and was paying $1250, current market rents are $1600+. Tenants pay their own heat and electricity, and the owner provides water and sewer. The septic system is WAY over sized and was very clean at the last inspection. The water is from an onsite private drilled well. There is an additional building that could be use for storage or it would make a great workshop, if you’re a tradesperson perhaps you could hang a sign out front for your business? This is a great property for a beginner investor or a first time home buyer.
Features
- Rooms: 6
- Bedrooms: 2
- Baths: 2 full
- Units: 2
- Style: Antique,Cape,Duplex,Farmhouse,Historic Vintage,Multi-Family
- Year Built: 1850
- Heating: Hot Air,Hot Water
- Cooling: None
- Basement: Stairs - Interior,Unfinished
- Approx Sq. Feet: 1,586
- Acreage: 6.8
- Est. Taxes: $5,816
- Lot Desc: Farm - Horse/Animal,Level,Open,Wetlands,Wooded
- MLS#: 5016979
- Website: https://www.raveis.com
/prop/5016979/9depotroad_newdurham_nh?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/8/2024Listing courtesy of RE/MAX By The Bay Phone: 603-431-1111
Listing Agent: Marcel Bartley
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9 Depot Road, New Durham, NH, 03855
$350,000
Customer Service
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 | $280,000 | $280,000 | $280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
| Monthly Tax Payment | $485 | $485 | $485 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,863 | $1,839 | $2,361 |
| Total Monthly Payment | $2,423 | $2,399 | $2,921 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB