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Welcome to this spacious and well-maintained 4-bedroom, 2. 5-bath home in the desirable town of Salem, NH! Offering approximately 2, 684 sq ft of living space, this property is the perfect blend of comfort, style, and functionality. A major renovation and addition just 20 years ago brought this home down to the studs in key areas—completely updating the kitchen, garage, living room, half bath, laundry, bathrooms, and the stunning primary suite. Step inside to a bright and open main level, where the modern kitchen is the heart of the home. Featuring a large center island, sleek cabinetry, and ample counter space, it's perfect for cooking, gathering, and entertaining. The adjacent extra large living room boasts a vaulted ceiling, filling the space with natural light and creating an inviting, airy atmosphere. Upstairs, the oversized primary suite sits privately above the garage, offering a true retreat with generous dimensions and an updated en-suite bath. Three additional bedrooms provide flexibility for family, guests, or a home office. Outside, enjoy a quiet neighborhood setting with easy access to local schools, shopping, restaurants, and major commuter routes and the Tuscan Village. With solid updates, a smart layout, and plenty of room to grow, this home is ready to welcome its next owners. Don’t miss your chance to own this beautifully updated and spacious home in Salem—Showings start Friday.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $687 | $687 | $687 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,666 | $3,810 | $4,855 |
Total Monthly Payment | $4,445 | $4,589 | $5,634 |
* 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.