Welcome to 224 Ocean Road, your charming retreat in the heart of Portsmouth! This 3-bedroom, 2-bath home offers the perfect blend of warmth and convenience in one of the most sought-after cities in the region. Step inside to find hardwood floors throughout the living areas and bedrooms, with a cozy wood-burning fireplace and brick hearth that create an inviting ambiance in the living room. The dining room opens up to a fully fenced backyard, perfect for pets, gardening, or relaxing with family and friends. A partially finished basement offers versatile space to be reimagined for a home office, playroom, or hobby area, with the convenience of laundry tucked away on this level. You’ll also appreciate the attached one-car garage, adding an extra layer of ease to daily living, as well as a 10x12 shed for your lawn and garden storage. Located just a short distance from the vibrant dining and shopping scene in downtown Portsmouth, you’re also only 10 minutes from the stunning New Hampshire coast, an hour’s drive to Boston, and just over an hour to the beautiful lakes and mountains. Whether you’re drawn by the charm of city living or the appeal of easy access to the outdoors, this home is a place to make unforgettable memories. Don’t miss your chance to make this Portsmouth gem your own! Showings begin Friday, Nov. 15, 2024.
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $409 | $409 | $409 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,002 | $2,924 | $3,711 |
Total Monthly Payment | $3,503 | $3,425 | $4,212 |
* 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.