Welcome to an equestrian lover's dream property! Nestled on a sprawling 108-acre parcel, this remarkable estate boasts vast, open fields, fenced paddocks, and a large pond, offering endless opportunities for recreation and development. The property features an impressive 27-stall barn with heated tack room, heated viewing room, heated office, heated rest rooms, ample dry hay storage above, and both indoor and outdoor riding arena, and 12 more exterior stables. Multiple separate paddocks, each fully fenced, provide secure spaces for horses, outdoor entertainment and competition areas. The spacious ranch-style home offers over 2, 200 sq ft of comfortable living space, featuring 3 bedrooms, 2 bathrooms, an office, and mudroom. All rooms are generously sized, with a fenced area off the back of the house for pets. Additionally, a 3-car garage includes a 2-bedroom, 1-bath apartment above, complete with a full kitchen and laundry. The lot is perfectly situated for possible development for a new neighborhood in Somersworth. Keep it and expand the equestrian center or break up some of the land for housing development and still have plenty of acreage left over for a large farm. This versatile estate is a rare find and ready for its next chapter. Showings by appointment only.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,800,000 | $2,800,000 | $2,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.902% | 6.486% | 6.056% |
Monthly Tax Payment | $1,603 | $1,603 | $1,603 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,898 | $17,468 | $23,439 |
Total Monthly Payment | $17,626 | $19,196 | $25,167 |
* 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.