281 Cherry Valley Road, Gilford, NH, 03249 | $699,900

ATTENTION: 50K Price Modification!!!! With two properties on 1 lot with exceptional AIR BnB fill rate of approximately 85%, what an opportunity to own this unique property in the highly saught after, lakeside, low tax, town of Gilford. You could use as an owner occupied property, a family compound, or a rental/air bnb opportunity. The front home is a beautiful L shaped Ranch with a nice wrap around front porch, hardwood floors, and beautiful fireplace. 3 rooms used as bedrooms and 2 baths, along with a 2 car attached garage. If additional space is needed the basement offers an unfinished footprint ready for your finishing touches with over 9 foot ceilings. The second property is considered a 1 bedroom and 1 bath however there is considerable loft space finished above the 2 car garage. From the loft space above the garage you have great views of Lake Winnipasaukee and the snow covered Mount Washington in the winter time. The property is located 2 miles from Gunstock Ski area, a short drive to shopping and 2 miles from Gilford Village and schools. Additionally there is right away to access the back side of the property from Northview Drive. Owner just cleared trees to open up the view from the back yard where it would be a great spot for an outdoor entertaining space. This property offers so much. Come take a look today!

Features

  • Rooms: 11
  • Bedrooms: 4
  • Baths: 1 full / 1 three-quarter / 1 half
  • Style: Ranch
  • Year Built: 1953
  • Garage: 4-car Garage
  • Heating: Oil,Baseboard
  • Cooling: None
  • Basement: Unfinished
  • Approx Sq. Feet: 2,730
  • Acreage: 1.8
  • Est. Taxes: $6,815
  • Lot Desc: Country Setting,Lake View,Mountain View,View
  • Elem. School: Gilford Elementary
  • Middle School: Gilford Middle
  • High School: Gilford High School
  • School District: Gilford Sch District SAU #73
  • MLS#: 4997928
  • Website: https://www.raveis.com
    /prop/4997928/281cherryvalleyroad_gilford_nh?source=qrflyer
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Listing courtesy of eXp Realty   Phone: 888-398-7062
Listing Agent: Jim Cilley

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281 Cherry Valley Road, Gilford, NH, 03249

$699,900

Customer Service

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 $559,920 $559,920 $559,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $568 $568 $568
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,772 $3,721 $4,722
Total Monthly Payment $4,432 $4,381 $5,382

* 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.