Come make the trip to see this beautiful VACANT LAND by the river ready for development. Ready for new business/residential development. A MUST SEE!! Build you future business enterprise on this amazing piece of land. 129. 87 feet of Road Frontage, 2 driveways and 291 feet of River Frontage on the Scenic Androscoggin River. 2. 4 acres of pure beauty on this level Commercial site, (beautiful lilac trees edging on parts of the land) located on a high traffic count road on Rt. 16 directly in the beautiful town of Gorham NH. Mountain views that will delight you, nearby Gorham's Androscoggin Valley Golf Course, Wildcat Mountain, Mount Washington, shopping, dining, medical center and just miles from the Androscoggin Valley Hospital and the Community College. This is an exceptional property offering a harmonious blend of natural beauty and convenient location, making it an ideal for nature lovers, destination for outdoor enthusiasts and visionary investors alike. Whether you seek to create a private sanctuary, embark on thrilling adventures, or explore development possibilities, this remarkable landholding invites you to embrace the boundless opportunities that Gorham's stunning surroundings have to offer. ATV from the land to the trails. Come explore this wonderful piece of heaven!
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$499,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,656 | $2,653 | $3,423 |
Total Monthly Payment | $2,731 | $2,728 | $3,498 |
* 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.