Here is a rare find in today’s rental market, a new construction, single family home in Portsmouth’s Parson Woods. Available for the first time this December. Flexible term with a minimum of 6 months. This never lived in home features high ceilings, three bedrooms, three baths with over 2800sq ft of living space and an attached two car garage. This beautiful home offers an open layout with multiple upgrades which include; a sunroom with an attached deck, large mudroom/laundry with washer/dryer and designated laundry sink. Modern, wide plank hardwood floors, large kitchen with an oversized island, walk in pantry, cabinet built ins, upgraded appliances including a beverage cooler, and quartz countertops throughout. Primary bedroom includes two large, separate walk-in closets, and a spa like primary bath with oversized shower, overhead shower head and natural stone tile. The Parson Woods neighborhood offers sidewalk lined streets and two community parks to enjoy as well as connections to the Boston/Maine rail trail system. Easy access to beaches, restaurants, services and shopping of downtown Portsmouth and the vibrant West End. All major commuting routes and C&J Bus Line just two minutes away with the seacoast, mountains, and Boston all within reach. Sorry, no pets, and no smoking. Come and see this new exceptional home being offered as a rental for the first time.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $5,280 | $5,280 | $5,280 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $35 | $35 | $45 |
Total Monthly Payment | $110 | $110 | $120 |
* 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.