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Attention Investors, Owner Occupants!!! Welcome to this wonderfully maintained multi-family in Belmont, NH. Abutting Belmont Park, you’ll find a two-family perfect for rentals, an owner occupant rental, or simply a single-family residence. Many renovations to this house have happened under current ownership, allow you to be worry free with this place! Both units contain 2 bedrooms and 1 full bath with plenty of space for your activities. Attached two-story barn with garage usage allows for additional space or potential extra income generator. Just wait until you see it in the summer when the grass is in full bloom and you can sit back and relax in the large yard with a patio to soak in all the sun. The first-floor unit is rented out and the second-floor unit is vacant and available for showings. Please do not disturb the first-floor unit. Open House to see first and second floor unit scheduled Friday April 17th 5: 30PM to 6: 30PM and Saturday April 18th 10AM to 12PM. Offers due Wednesday April 23rd at 12PM
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $311,999 | $311,999 | $311,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | $435 | $435 | $435 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,946 | $2,050 | $2,612 |
Total Monthly Payment | $2,456 | $2,560 | $3,122 |
* 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.