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1387 Route 103, Newbury, NH, 03255 | $659,000
Charming 4-Bedroom Cape with Income Potential – Minutes from Mount Sunapee & Lake Sunapee. Nestled in the heart of Newbury, NH, this recently renovated 4-bedroom Cape-style home offers the perfect blend of residential comfort and commercial opportunity. Just minutes from the slopes of Mount Sunapee and the Lake Sunapee State beach and boat launch, this property is ideal for outdoor enthusiasts, vacationers, and savvy investors alike. The main home features a warm and inviting layout with hardwood floors, a spacious eat-in kitchen, and a cozy living area with plenty of natural light. Four generously sized bedrooms and two full baths provide ample space for family living or guest accommodations. Adding to the value, this unique offering includes two additional rental buildings on the property, each with strong income potential. Whether you're looking to run a home-based business, invest in short- or long-term rentals, or create a multi-generational living setup, the possibilities are wide open. Zoned with commercial capabilities, this flexible property could serve as a vacation rental hub, home office space, or future commercial endeavors—just steps away from year-round adventure and small-town charm.
Features
- Property Type: Business,Hospitality,Investment,Office,Opportunity,Other,Retail
- Construction: Wood Frame
- Heating: Electric,Hot Air
- Units: 3
- Zoning: Business
- Frontage: 200
- Year Built: 1940
- Acreage: 2
- Est. Taxes: $4,751
- MLS#: 5037776
- Website: https://www.raveis.com
/prop/5037776/1387route103_newbury_nh?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/27/2025Listing courtesy of Four Seasons Sotheby's Int'l Realty Phone: 603-526-4050
Listing Agent: Jackson Wheeler
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1387 Route 103, Newbury, NH, 03255
$659,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $527,200 | $527,200 | $527,200 |
| 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 | 7.058% | 7.025% | 6.132% |
| Monthly Tax Payment | $396 | $396 | $396 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,332 | $3,463 | $4,413 |
| Total Monthly Payment | $3,820 | $3,951 | $4,901 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB