Welcome to Cottonwood subdivision, one of Somersworth's most desirable neighborhoods. Rarely available, this well cared for 3-level Colonial on a one acre lot has 8 rooms, 3 bedrooms, 3. 5 baths. Enter to gleaming hardwood floors and built-in space for coats, shoes and even board games! The bright airy first floor includes a Chef’s kitchen with cherry wood cabinets, great counter space, a breakfast nook that effortlessly opens to the back deck. Off the kitchen find a perfectly sized dining room (currently an office) and a large room for a den/office. Not to be missed the huge family room with soaring ceilings, expansive windows and gas fireplace. A first floor laundry is tucked in a nicely appointed ½ bath. The second floor primary suite has an ensuite full bath and large his/hers walk-in closet. Completing the second floor are two good sized bedrooms, full bath and a flexible space for another office/craft area/sitting area. The fully finished third floor is currently used as a guest area, media room and storage. This property checks all the boxes including central AC, central VAC, and finished basement with full bath, living room and a bonus room. There is also a two car garage with direct entry. Relax on the private back deck and enjoy the mature landscaping, fully fenced-in backyard and additional 2 sheds. Situated close to shopping and minutes to highway for commuters. Don’t miss this opportunity! Call for a private showing; public open house SAT 11/9 from 11 AM - 1 pm.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $508,000 | $508,000 | $508,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | $945 | $945 | $945 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,422 | $3,337 | $4,284 |
Total Monthly Payment | $4,459 | $4,374 | $5,321 |
* 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.