Discover the allure of historic living in the heart of the seacoast at 11 Sheafe Street. Permits are pulled, optional floor plans are drawn, and a design/build firm is on-call to make this your dream home. The Buyer has complete control to finish this project according to their own preferences. This property offers a rareopportunity to own a piece of history in downtown Portsmouth. The home provides an ideal space for comfortable living and entertaining, featuring a versatile living areaon the first floor with a historical fireplace. Convenience is key with both front and back entrances, a mudroom, first-floor laundry, cozy patio, and a coveted parkingspace. Whether you're envisioning an addition for more space or dreaming of adding a garage, the opportunity to expand is all yours. This meticulously constructed andcreatively designed single-family residence blends classic New England charm with modern amenities. The current vision boasts new kitchen and baths with customcabinetry, a 3rd-floor primary suite with walk-in closets, fireplace, and vaulted ceilings. Explore the 19th-century elegance with ornamental moldings, original wide pinefloors, and timeless character. Multiple design opportunities await to tailor this residence to your personal style. Don’t miss this rare chance to own a quintessential homein Portsmouth’s historic district. Pictures are 3D rendered images of the finished project.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,276,000 | $1,276,000 | $1,276,000 |
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 | $1,705 | $1,705 | $1,705 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,245 | $7,961 | $10,682 |
Total Monthly Payment | $9,075 | $9,791 | $12,512 |
* 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.