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Come take a look at this sprawling 17. 4+/- acre property tucked away in the charming town of Bristol, NH – only moments from the west shores of Newfound Lake! Travel through this wooded parcel on the level trail which extends from the eastern to the western boundary. Along the way, enjoy the many signs of wildlife, distinguished vintage stone walls, and the prospects of long-range mountain views. The southern portion is elevated and may offer a private and serene home site if appropriate soils can be identified per state regulations and the town development processes are cleared. Power and cable highspeed internet and phone runs along the road frontage. High speed fiber internet may be available early 2025 per the service provider. Property sits on the paved section of Hemp Hill Rd which is plowed and maintained by the town. A metal gate guards the access trail along the road frontage (vegetation has grown up hiding the gate at this time). Entire property is enrolled within the state’s tax reduction program, Current Use and will convey as such. Enjoy excellent proximity to the recreational paradise of Newfound Lake – boating, beaches, fishing and all the local amenities of shops and restaurants! Only about 15 mins to the AMC Cardigan Lodge and access to Cardigan Mountain State Park.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $88,000 | $88,000 | $88,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.295% | 6.644% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $593 | $593 | $761 |
Total Monthly Payment | $668 | $668 | $836 |
* 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.