Welcome to 380 Ocean Rd, Portsmouth, NH – Cedar Ridge Condominiums. Discover comfort and convenience in this beautifully maintained 2-bedroom, 2-bathroom end unit nestled in the desirable Cedar Ridge Condominiums. This bright and airy home features an inviting open-concept dining and living area with elegant hardwood flooring. The updated kitchen boasts granite countertops, offering a modern and stylish space to prepare meals and entertain guests. The first floor also includes a convenient half-bath with laundry, ensuring functionality without compromising style. Upstairs, you'll find two generously sized bedrooms and a full bath, ideal for comfortable living or accommodating guests. Adding to the appeal is the one-car detached garage, providing extra storage and protection from New England weather. As an end unit, this home offers additional privacy and natural light, along with easy access to outdoor spaces for relaxation. Located just minutes from Portsmouth’s vibrant downtown, local shopping, dining, and major commuter routes, this home combines convenience with serene living. Don’t miss the opportunity to make this charming property yours! Schedule a showing today.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $356,720 | $356,720 | $356,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $361 | $361 | $361 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,403 | $2,371 | $3,008 |
Total Monthly Payment | $2,839 | $2,807 | $3,444 |
* 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.