Location, Location, Location! This spectacular 1350sf waterfront 2 bedroom/2 bath lock and leave condo offers the perfect blend of peaceful waterfront living and urban convenience. Steps to the vibrant heart of downtown Newmarket NH, you'll find bars/restaurants, meat/produce/liquor market, charming shops, library, PO and the Stone Church, a popular music and entertainment venue. Ten expansive windows face tidal Lamprey River/Bay. Unit is constantly bathed in natural light, with ever-changing views of the water, wildlife, marinas and seasonal beauty. The open-concept layout blends the living and dining areas with private bedrooms located at opposite ends of unit. High ceilings, exposed brick and granite gives unique charm and character to this historic property. The "Morning Room" overlooking the river is perfect for an office, yoga/meditation or enjoying your morning coffee. Common dock allows for boating, kayaking or simply relaxing by the water. One hour to Boston, close to Pease International Tradeport, Amtrak station and UNH. Pet friendly community, with nicely equipped fitness room, personal storage area, secured kayak storage room, elevator, and includes 2 on-site parking spaces. Condo fee includes heat, hot water, A/C, trash, water and sewer.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,200 | $599,200 | $599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | $842 | $842 | $842 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,088 | $3,982 | $5,097 |
Total Monthly Payment | $5,022 | $4,916 | $6,031 |
* 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.