Welcome to the General Jonathan Moulton House. This beautifully maintained 18th century home is a historic architectural masterpiece featuring a grand two-story entry hall, high ceilings with elaborate stepped moldings, pilasters and raised paneling throughout. Other highlights include 12 working fireplaces (some with Delft tile surrounds); interior window pocket shutters and 13 incorporated window seats. With more than 4, 500 square feet of living space, 6 plus bedrooms and a readily accessible location within the Town Center District commercial zone. The property is a perfect use as an inn, bed & breakfast, or for other commercial use such as an antique shop or art gallery. On nearly 3 acres, the property is on town water and town sewer, has a saltwater pool, outdoor shower, detached four-bay garage, terraces and pergolas. The acreage includes an approved sub-dividable building lot and curb cut on Drakeside Road for an additional driveway. On the approved lot, another structure could be built to add more function or retail/commercial space. The modernized basement, seldom seen in 18th century homes, has a wine cellar and updated systems. The large unfinished third-floor attic with its high ceiling has additional potential to expand. All of this and only six minutes to the beach!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,760,000 | $1,760,000 | $1,760,000 |
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 | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,445 | $1,445 | $1,445 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,993 | $10,980 | $14,733 |
Total Monthly Payment | $11,563 | $12,550 | $16,303 |
* 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.