Introducing 29 Park Street, a timeless colonial brimming with historical charm in the heart of Newport! From the moment you arrive, the welcoming paved driveway, spacious attached garage, and yard set the tone for comfortable living. Inside, you’ll find beautifully crafted woodwork and generously sized rooms that showcase the home’s rich heritage, with thoughtful updates that enhance its classic appeal. Relax on the inviting front porch and take in the charm of this close-knit community, with the vibrant town common right at your doorstep. Here, you’ll experience the true essence of Newport, a town steeped in history and tradition, with seasonal events like farmers’ markets, summer concerts, and the Winter Carnival all just a stroll away. Just a short drive from Mount Sunapee and Lake Sunapee, this home offers easy access to some of the area’s finest outdoor attractions, blending the best of small-town charm with premier New England recreation. The property has also been updated for modern convenience, with upgrades to electrical, insulation, and heating, paint inside and out, and a beautifully designed stone patio. Located within the Business District, it presents excellent options for a business space or in-law suite. Schedule a tour today to experience the one of a kind character, comfort, and convenience of 29 Park Street!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $388,000 | $388,000 | $388,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $695 | $695 | $695 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,517 | $2,484 | $3,222 |
Total Monthly Payment | $3,287 | $3,254 | $3,992 |
* 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.