Charming 3-Bedroom Post and Beam Home in Errol, NH - Excellent Airbnb Investment - An outdoor enthusiast's paradise! This stunning 30x60 post and beam home, nestled on 5 open acres in Errol, NH, offers the perfect blend of rustic charm and modern convenience. With 3 bedrooms and 2 well-appointed bathrooms, this property is an ideal retreat for large groups, outdoor enthusiasts, and those seeking a self-sufficient lifestyle. The open-concept kitchen and dining room feature vaulted ceilings, creating a warm and inviting atmosphere perfect for gatherings and entertaining guests. Enjoy breathtaking views of Lake Umbagog and the picturesque Maine countryside from the sunrooms on both levels of the home. These serene spaces are perfect for relaxing with a morning coffee or unwinding at the end of the day. Versatile 24x58 garage includes a large carport and a storage loft above, offering the potential to convert into additional living space, a rental unit, or an in-law apartment. Embrace a homesteading lifestyle with the 20x30 barn, ideal for animals or storage, and a dedicated chicken coop. This property is perfect for a hobby farm, providing ample space for gardening and livestock. Located in one of the country's best outdoor recreation areas, this property offers excellent opportunities for hunting, fishing, boating, and more. With access to some of the nation's best snowmobile trails and a short drive to the NH & Maine ATV trail systems, adventure awaits right outside your door.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $306 | $306 | $306 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,460 | $3,456 | $4,385 |
Total Monthly Payment | $3,858 | $3,854 | $4,783 |
* 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.