15 LEBANON STREET- One of the iconic jewels of downtown Hanover, this property has been a fixture of the community for nearly 150 years and was extensively and carefully renovated in the 1990's. It evolved from being the home of the local Grafton Star Grange to become the upscale clothing emporium Rosey Jekes for many years, a conduit of retail and worldly style that was the delight of the Hanover & Dartmouth community. The interiors are spacious, versatile, and elegant. There are open areas on both the main and second levels with more intimate spaces that flank them. All of these can be utilized as they are for retail, office, studio, culinary, event, or potentially residential spaces. Both floors are anchored by a dramatic central staircase and light-filled atrium skylight. The raised lower level of the building has been home to well-respected cafes and restaurants for decades. Upgraded building mechanicals and HVAC were part of the historic renovations. This fabulous location provides easy walking access to all things downtown Hanover, with Dartmouth's Hopkins Center and Black Family Visual Arts Center directly across the street.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,600,000 | $2,600,000 | $2,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $1,802 | $1,802 | $1,802 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,380 | $16,648 | $22,116 |
Total Monthly Payment | $17,307 | $18,575 | $24,043 |
* 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.