Cannot close until Spring/Summer 2025. Incredibly unique opportunity to create your own special getaway directly adjacent to the Lake Whitingham waterfront and just across from a boat launch area. This cozy lake cottage sits directly up from the lake with lovely winter views and summer peaks down to the water. Public access on the water, so launch your boat, kayak, or paddle board, right across the street, or simply go for a swim. In the winter that access affords direct snowmobile trail access, ice fishing, and lovely winter vistas. The home has a beautiful open floor plan ready to be finished to your own desire. There is a bright open kitchen and dining area, main floor bedroom and second floor loft bedroom, a large living space with a masonry heater and efficient Finnish contraflow design, that affords ambience and warmth throughout the home, as an alternative to the forced air system. Additionally, within the brick mass, there is a brick oven for all varieties of baking. There is a second floor level with second fireplace access and hearth, as well as numerous windows, a full basement workshop for tremendous storage, a detached shed and garage for further storage and expansion potential, brook that runs alongside the home for beautiful natural water noise, and more. Needs some work, but priced to sell and a spot that warrants the investment. Being sold as-is and septic may need some work for any updating to be done.
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Our Executive Mortgage Banker:
Our Insurance Division:
$269,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $215,200 | $215,200 | $215,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.490% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.681% | 6.678% | 6.034% |
Monthly Tax Payment | $237 | $237 | $237 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,468 | $1,359 | $1,787 |
Total Monthly Payment | $1,780 | $1,671 | $2,099 |
* 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.