Development Opportunity is Knocking in the lakes region! With almost 100 acres of private land within walking distance to downtown Wolfeboro, with a little brook running through the property. Probably the only large parcel in the area so close to town - with the hockey rink, lumberyard, banks, dentists, restaurants, gym, hairdressers, assisted living, boat storage, marina and ski area all close by. Three phase power line on the road and the option for more housing easily tucked away for complete privacy. Three parcels in total with access off of Pine Hill Road, Filter Bed Road, and Route 109A this offers many option for development. Wolfeboro is a sought after community and the property has been in front of the ZBA and has some variances in place. This special location could be housing and or other commercial ventures. All this and close to the shores of Lake Winnipesaukee and Wentworth.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,000,000 | $2,000,000 | $2,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $2 | $2 | $2 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,831 | $12,806 | $17,013 |
Total Monthly Payment | $11,958 | $12,933 | $17,140 |
* 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.