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Enjoy the serenity with private hilltop views of Lake Waukewan while being just a a few minutes from Main Street in Meredith and Lake Winnipesaukee! This property has been most recently used as a well established short-term rental with over $100, 000 in annual gross profits! The home offers 3 bedrooms, 4 bathrooms and sleeps up to 12 people. On the first floor, the large primary bedroom suite has views of the lake and a private deck to enjoy your morning coffee. The top floor has one large bedroom with a queen bed, bathroom, and spacious loft bedroom with a daybed trundle. Downstairs you will find a bunk room, full bathroom, laundry room, and second living room. Host your family dinner on the outside deck and enjoy s'mores by the fire pit, or curl up by the fireplace in the living room on a cold night. Across the street is the Waukewan Beach, a public boat launch and just a 3 minute drive to Meredith's town docks boat launch for Lake Winnipesaukee. Mooring can be installed on Lake Waukewan at buyer's cost. In the winter, there is direct access to snowmobile trails right in front of the house on the Corridor 8 trail. Only a 30 minute drive to Waterville Valley, Gunstock, & Ragged Mountain ski areas. This house has something for everyone during every season! Delayed showings to begin at the Open House on 7/6/24 from 1: 00 PM-4: 00 PM.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $663,200 | $663,200 | $663,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | $435 | $435 | $435 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,923 | $4,192 | $5,686 |
Total Monthly Payment | $4,450 | $4,719 | $6,213 |
* 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.