The Carroll Realty Group - KELLER WILLIAMS REALTY / Metropolitan
The Carroll Realty Group - KELLER WILLIAMS REALTY / Metropolitan

Stephen Carroll Cell: 603-860-0310 | [email protected]
Kris Stone Cell: 603-493-4435 | [email protected]


Posted by The Carroll Realty Group on 3/12/2019

 
 
 


58 Rowell Hill, Sutton, NH 03257

Single-Family

$399,900
Price

11
Rooms
3
Beds
2/2
Full/Half Baths
WHAT AN INCREDIBLE VALUE at $399,900!! WELCOME HOME to SUTTON NH !! Seller says "BRING an OFFER, Please"!! This gorgeous 3+ bedroom, 4 bath EXPANSIVE CAPE, sited on 3.2 acres in the Rowell Hill Subdivision, offers OVER 3,400 sq. ft. of living space. The first floor offers a CUSTOM, OPEN CONCEPT eat-kitchen complete with GRANITE countertops, STAINLESS steel appliances, a SIZABLE ISLAND, and CUSTOM CABINETRY. Relax in the LIGHT and BRIGHT living room, complete with a HARMAN PELLET STOVE and custom HEARTH. The FIRST-FLOOR MASTER SUITE is comfortable and spacious. The ENSUITE has a SOAKING TUB and a gorgeous TILE and GLASS SHOWER. HARDWOOD FLOORS through this level. Retreat upstairs to find two GOOD-SIZED sunny bedrooms and a WELL-APPOINTED full bath. The WALK-OUT lower level is FULLY-FINISHED and the perfect place to ENTERTAIN. Cozy up to the FIELDSTONE FIREPLACE, grab a drink at the FULL BAR, or enjoy your favorite game with friends. Horses Welcome TOO!!

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Posted by The Carroll Realty Group on 1/15/2019

 


58 Rowell Hill Road, Sutton, NH 03257

Single-Family

$399,900
Price

3
Bedrooms
11
Rooms
2/2
Full/Half Baths
WHAT AN INCREDIBLE VALUE at $399,900!! Seller says "bring an OFFER"!! WELCOME HOME!! What an AWESOME Value!! This gorgeous 3+ bedroom, 4 bath EXPANSIVE CAPE, sited on 3.2 acres in the Rowell Hill Subdivision, offers OVER 3,400 sq. ft. of living space. The first floor offers a CUSTOM, OPEN CONCEPT eat-kitchen complete with GRANITE countertops, STAINLESS steel appliances, a SIZABLE ISLAND, and CUSTOM CABINETRY. Relax in the LIGHT and BRIGHT living room, complete with a HARMAN PELLET STOVE and custom HEARTH. The FIRST-FLOOR MASTER SUITE is comfortable and spacious. The ENSUITE has a SOAKING TUB and a gorgeous TILE and GLASS SHOWER. HARDWOOD FLOORS through this level. Retreat upstairs to find two GOOD-SIZED sunny bedrooms and a WELL-APPOINTED full bath. The WALK-OUT lower level is FULLY-FINISHED and the perfect place to ENTERTAIN. Cozy up to the FIELDSTONE FIREPLACE, grab a drink at the FULL BAR, or enjoy your favorite game with friends. An additional OFFICE or BEDROOM and half bath complete the space. Step outside and you will find mature apple trees, perennial gardens, and EXPANSIVE lawns. This property also features a PADDOCK and HORSE run-in. Just minutes from the CHARMING town center of New London and less than 2 miles from I-89 for EASY COMMUTING to the Upper Valley, Concord, and Manchester. New London schools too! Add this home to your MUST SEE list today!!
Open House
Saturday
January 19 at 1:30 PM to 3:00 PM
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Location: 58 Rowell Hill Road, Sutton, NH 03257    Get Directions







Posted by The Carroll Realty Group on 1/15/2019

That starter house is too small and it’s time to move up to something that better fits your growing needs. The original plan—sell the current house and buy a new one—might not be the only option. What if you could keep both?

In many areas, housing is in lower supply. Some buyers are choosing to keep their original home, making it a rental, while buying a new one to live in. Is this a good plan for you? Here are some reasons why it might be (and some why it might not):

You don’t need the equity

Your current home has equity—the increase in value, plus the amount you’ve paid down on the existing mortgage—that you will receive if you sell it.The typical plan is to use that equity to make the down payment on the new home.If you don’t need that equity for your down payment, however, you could keep this home and rent it.

You don’t have equity

If you purchased your home during the last housing boom, or you got a second mortgage or refinanced and took cash out, your home may not have much equity. The cost to sell your home (real estate agent commissions, closing costs, etc.) might just eat up the equity you do have. In this case, keeping the home and renting it out might work out better for you than selling it.

You want to become a landlord

Turning a home into a rental is a business decision. Because it has its own costs, the decision to become a landlord should not be a casual decision. But, if part of your long-term plan includes real estate investment, start with the house you already own. The uptick in the economy and resultant business expansion in many areas means rental housing is at a premium, making this a prime time to own a rental.

The downside of being a landlord

Because it is a business decision, becoming a landlord is not for everyone.This is especially true if your family lived in the home and you have emotional attachments and memories built around it. The possibility of one or more months of no rental income must be factored as well, with a cushion to handle that contingency so that your mortgage is paid and the home you’re living in isn’t jeopardized. Additionally, setting aside funds for repairs from potential renter damage and general maintenance gives peace of mind to a new landlord.

If it makes business sense, but the idea of dealing directly with renters seems daunting or you don’t have the necessary emotional detachment,consider hiring a professional property manager. These real estate professionals know how to set appropriate rental amounts, execute lease agreements, handle repair and other costs, and screen potential renters.

Let a real estate professional know your plans. They can connect you with a property management professional to make becoming a landlord a smooth transition.




Categories: homeownership   landlord   new home  




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