This well-appointed contemporary ranch is situated on a peaceful and beautiful 9-acre wooded parcel of land 1. 2 miles above the village of Andover and the Proctor Academy campus. The main home is complimented with an accessory dwelling unit (ADU) with a spacious bedroom and three car garage. The home site also affords beautiful views of Mt. Kearsarge to the west and great solar potential with views to the east towards Gunstock and beyond to the White Mountains. The core of the main home was constructed in 1975 with post and beam construction, while the remainder of the home is contemporary which gives the home a tasteful blend of complimentary building styles. Moreover, the main roofs were all replaced in 12/23 and boast R60 values along with the installation of a high efficiency furnace in 2023. For increased comfort and noise dampening, all the interior walls are insulated. The large back deck with a hot tub is finished with treks composite decking material. This comfortable home tucked into this pastoral setting, also affords easy access to many outdoor activities such swimming and boating at nearby Bradley Lake and Blackwater River. Skiing is also nearby at both Ragged Mountain and Mt. Sunapee.
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.902% | 6.486% | 6.056% |
Monthly Tax Payment | $653 | $653 | $653 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,997 | $5,490 | $7,367 |
Total Monthly Payment | $5,775 | $6,268 | $8,145 |
* 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.