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42 Main Street is an updated antique colonial located in the heart of New Castle village. It's within walking distance of the Great Island Cafe and a short stroll to the beach. The property offers views of the Piscataqua River from the patio and inside you'll find stunning wood floors, exposed brick and fireplaces that add to its character and charm. The second floor features two generous bedrooms. There are two additional rooms on the third floor, accessible by a narrow staircase, which could serve as extra bedrooms or home office spaces. A detached 2-car garage provides convenience, especially during the winter months and offers easy storage for beach equipment in the summer. New Castle is easily accessible to downtown Portsmouth and an hour's drive to Boston, MA or Portland, ME. Open House Sunday, May 25th 1: 00 - 3: 00 PM.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.761% | 6.764% | 6.560% |
Monthly Tax Payment | $441 | $441 | $441 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,282 | $8,964 | $12,100 |
Total Monthly Payment | $8,848 | $9,530 | $12,666 |
* 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.