Don’t miss this incredible opportunity! Nestled in Rumney, NH, this unique property features four homes spread across 5. 3 scenic acres along the picturesque Baker River. With no zoning restrictions, the possibilities are endless—perfect for short-term or long-term rentals, a family compound, or even office spaces. Rumney offers the freedom of no zoning, giving you unmatched flexibility to bring your vision to life. Situated in the heart of New Hampshire's vibrant tourist area, you'll be just minutes from I-93, the Polar Caves, world-class rock climbing, dining, shopping, Plymouth State University, and so much more. The property is currently rented out to long-term tenants on a month-to-month basis, providing immediate income potential. Lovingly maintained by the same owner for over 22 years, this home reflects care and attention to detail. With plenty of land available, you could use it for farming or even build a venue for events, weddings, or other gatherings. Live in one unit and rent out the others while savoring peaceful river views from your private wraparound porch. Recent updates include a newer septic system, roofs, boiler, and more. This rare gem is brimming with opportunities!
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$699,000
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
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 | $761 | $761 | $761 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,720 | $3,717 | $4,716 |
Total Monthly Payment | $4,572 | $4,569 | $5,568 |
* 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.