Welcome to 609 State St. , a beautifully preserved building nestled in the heart of downtown Portsmouth, NH! The historic Whipple School building was built in 1890 & has been transformed & modernized into an 11-unit condo association. This stunning property is located 1 block to the vibrant downtown area, & ideal for those who appreciate architecture, history, & the lively culture of Portsmouth. Soaring tall ceilings create an airy, spacious feel, complemented by tall windows that flood the interior with natural light. The exposed brick walls, beautiful hardwood floors, & gas stove add touches of charm, warmth & style. The open-concept layout in this 2-bedroom, 2-full bath unit provides a seamless flow between the living, dining, & kitchen areas making it ideal for both relaxation & entertaining. The kitchen features natural wood cabinetry, granite countertops & stainless steel appliances. The primary bedroom has its own private bath & lots of closet space. Additional storage available in the basement for bikes, kayaks & more. A rare find in downtown Portsmouth, the property includes 2 parking spaces, offering convenience in this highly desirable neighborhood. Leave the car at home & enjoy everything Portsmouth has to offer whether it’s grabbing a coffee at a nearby café, strolling along the waterfront, everything is just a short distance away! Don’t miss the opportunity to own a unique piece of history while enjoying the benefits of modern living! Showings begin 11/13.
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Our Insurance Division:
$775,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $668 | $668 | $668 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,125 | $4,121 | $5,316 |
Total Monthly Payment | $4,885 | $4,881 | $6,076 |
* 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.