Located toward the rear of the neighborhood and facing the wooded rear yard steps from the kitchen, living room and covered deck, this home is sure to delight. The design allows for optimal flexibility. The first-floor primary bedroom with walk-in closet and en-suite bathroom make first floor living an option. Utilize the first floor bedroom as designed or as an additional living room, office, or guest room. The kitchen with island flows to the dining area and a living room with the option to add a fireplace perfect for chilly evenings. The second floor features two bedrooms and a full bathroom. The vaulted ceilings and 2 story staircase yield a sense of grandeur and add to the feeling of spaciousness while the windows and sliding glass door draw your eye to the green space beyond. Outside enjoy the joined backyards connected by walkways organized to develop a sense of community or head across the street to enjoy the options at the Inn at Rye Place, Rye Place Mall, Flighthouse Gym, Southport Kitchen + Bar, Seacoast Climb and New England Pickleball Club with more options still being added. Venturing further, the neighborhood provides quick access to beaches, golf, walking and biking trails, with downtown Portsmouth a few minutes away. If you seek a community designed to foster meaningful relationships, Village at Rye Place awaits. Anticipated closing August 2025. Join us at our Open Houses Saturday and Sunday 10: 00 am to Noon held at 23 and 25 Fowler Drive.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $751,920 | $751,920 | $751,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,211 | $4,569 | $6,194 |
Total Monthly Payment | $4,303 | $4,661 | $6,286 |
* 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.