1027 Laconia Road, Belmont, NH, 03220 | $193,600

This 2-bedroom, 1. 5-bath home is waiting for someone with vision to restore it to its full potential. Situated on a 4. 8-acre commercially zoned lot, this property offers 750 feet of road frontage along Laconia Road/Route 106. Located just short walk to Belmont village, a short distance to points North and South on Route 106, and a short drive from Interstate 93, it's a great commuter location HUD Home. FHA Case #341-096933. UI. Eligible for 203k financing. Property is being sold as-is, with no repairs allowed prior to closing—no exceptions. Bidding begins 10-09-2024, and closes daily at 11: 59 PM until sold.

Features

  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Style: Ranch
  • Year Built: 1950
  • Heating: Oil,Hot Water
  • Cooling: None
  • Basement: Unfinished
  • Approx Sq. Feet: 1,131
  • Acreage: 4.8
  • Est. Taxes: $3,892
  • Lot Desc: Sloping
  • Elem. School: Belmont Elementary
  • Middle School: Belmont Middle School
  • High School: Belmont High School
  • School District: Shaker Regional
  • MLS#: 5009633
  • Website: https://www.raveis.com
    /prop/5009633/1027laconiaroad_belmont_nh?source=qrflyer
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Listing courtesy of Alton Village Realty/Christine O'Brien Real Estate   Phone: 603-267-4343
Listing Agent: Christine OBrien

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1027 Laconia Road, Belmont, NH, 03220

$193,600

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 $154,880 $154,880 $154,880
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.191% 7.159% 6.392%
Monthly Tax Payment $324 $324 $324
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,017 $1,029 $1,317
Total Monthly Payment $1,416 $1,428 $1,716

* 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.