Opportunity awaits at 6 South Summer Street in beautiful Nottingham, NH! Nestled in a quiet rural neighborhood, this 5-acre parcel offers a prime location in a Residential Agricultural District with multiple permitted uses, including single-family homes, multi-family residences, duplexes, and farming. The entire parcel across the street is conservation land, providing long-term privacy and serene natural views. Built in 1977, the A-frame home features an open-concept layout with one bedroom and a loft, offering a cozy yet spacious atmosphere. While the property needs care and attention due to deferred maintenance rough finished interior, the potential is abundant. This is an excellent opportunity for someone with a vision, whether you’re an investor or a buyer with a rehab loan ready to transform this unique space. Enjoy easy access to Nottingham’s abundant outdoor activities—hiking, boating, kayaking, and swimming are all nearby. This property offers both the flexibility of zoning and the beauty of its natural surroundings, making it ideal for your next project or dream home. Don’t miss this chance to bring new life to this property and take advantage of its versatile potential! Home is being sold As-Is As-Seen and will not qualify for a conventional mortgage.
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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** | 7.250% | 6.490% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.681% | 6.678% | 6.034% |
Monthly Tax Payment | $80 | $80 | $80 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,910 | $1,768 | $2,325 |
Total Monthly Payment | $2,065 | $1,923 | $2,480 |
* 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.