This land and this location would serve many other development projects for this area, it is near the lake and central to all other types of businesses. Presently a contractors yard that works to crush, sift, prepare rock of all forms which serves all the building projects that happen here in the busy Lakes Region. Seller also receives material from contractors to be recycled that are then sifted and repurposed for usable, profitable material adding to the already profitable bottom line of this successful operation, Over one million last year and over a half to date this year, summaries available. In business for many years with many contractors around the region that know him and have gotten products from him for years. Long selling season, can break frost if need be, fantastic location in the Lakes Region and proximity to “Big Lake”- Lake Winnipesaukee. A local and well loved company; this business will carry on as the seller retires and knows the building industry is not slowing - great time to get into this business. The seller has 75 acres total here with home on 25 and would consider first right in the future to buyer of the parcel. Also for sale in Ossipee MLS # 4971788
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,560,000 | $1,560,000 | $1,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,104 | $9,860 | $13,164 |
Total Monthly Payment | $9,229 | $9,985 | $13,289 |
* 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.