Welcome to your new home in the highly sought-after Faculty neighborhood, nestled within the prestigious Oyster River School District. Situated on a quiet cul-de-sac, perched atop a hill, this contemporary ranch offers a perfect combination of convenience and tranquility. Located just a short walk from downtown Durham, the University of New Hampshire, Town Hall, grocery stores, restaurants, and Mill Pond Park, this 4-bedroom, 2-bathroom home boasts a spacious living room with stunning 14-foot windows that overlook the serene yard. The open-concept kitchen and dining area, adjacent to a three-sided fireplace, creates an inviting space for gatherings with family and friends. The primary suite is a luxurious retreat, featuring a soaking tub, walk-in shower, and double vanity. The expansive single-floor layout also includes ample storage, a laundry room, and a second bathroom with a walk-in shower, offering enhanced comfort and accessibility for people of all ages, including children and seniors. The lower level offers easy access two-car garage and mudroom, with additional space featuring a fireplace that’s perfect for future expansion. With the unbeatable location and elegant design, this home promises both convenience and lasting value.
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$698,000
William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $558,400 | $558,400 | $558,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $984 | $984 | $984 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,715 | $3,711 | $4,709 |
Total Monthly Payment | $4,791 | $4,787 | $5,785 |
* 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.