This exceptional custom-built ranch, built by Frank Malone in 1984, is a true gem. Located off Route 4, this spacious home offers over 2600 sq ft of living space, never before listed on the market. Featuring a grand double-door entry with a tile foyer and crystal chandelier, the home boasts an open layout perfect for both everyday living and entertaining. The main living area includes a formal family room/dining room with wainscoting and large windows overlooking the beautifully landscaped front lawn. The primary suite includes an en suite with double sinks and a 3/4 shower, while two guest bedrooms share a full bath with double vanity. A cozy den with wood paneling and a wood fireplace offers additional comfort. The kitchen, with its eat-in breakfast nook and stained-glass cabinets, provides great potential for personalization. Additional features include a first-floor laundry, a half bath, a partially finished basement, and a new on-demand Generac generator. As part of your deed, you’ll also have a right a way to the Oyster River, leading to Great Bay and the Atlantic Ocean—perfect for boating enthusiasts. Close to UNH Durham, Portsmouth, shopping, and dining, this home is a rare opportunity for customization and is waiting for your personal touch.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $1,214 | $1,214 | $1,214 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,253 | $4,248 | $5,481 |
Total Monthly Payment | $5,559 | $5,554 | $6,787 |
* 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.