Delayed showings will begin on Saturday November 16th. Bring your vision and ideas to 42 College Road in Stratham, NH. This over 3, 000 square foot cape has it all - 3 acres of land, a two car garage, a barn in the backyard for all of your exterior/landscaping items (at one time there was a chicken coop on the property), and in a great location. Less than a mile to Chapman's Landing boat launch, you can kayak in the warmer months, while also being just a quick drive to Newmarket or Stratham shopping, restaurants, and more. Inside the home, the first floor has an abundance of space. Open concept kitchen, large living room, & a huge dining area with built in bookshelves. Breezeway from the garage to the kitchen. There are two rooms on the first floor that could be used as an office, second family room, guest space, etc. 2 bedrooms upstairs with a 3/4 bath in between. Enclosed porch off of the back of the home gives you sweeping views of the rear yard. Your own little slice of paradise, the property extends past the woodline and through the trees. There is potential for landscaping should you have a green thumb, and the in-ground pool (has not been in use for a few years) might be something a buyer wants to bring "back to life!". Full basement. Multiple locations for storage space on this property, between the barn, garage and full basement. Don't miss your chance to call Stratham. "home". Showing blocks 11/16 from 11-1, and 11/17 2-4pm. Agents, please see the non public remarks.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $320,000 | $320,000 | $320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $597 | $597 | $597 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,210 | $2,156 | $2,722 |
Total Monthly Payment | $2,882 | $2,828 | $3,394 |
* 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.