Prime Waterfront Lot on the Merrymeeting River with Access to Lake Winnipesaukee. Welcome to an exceptional opportunity to own a stunning waterfront lot located on the serene Merrymeeting River, with direct access to Lake Winnipesaukee under the charming footbridge to Alton Bay. This . 45 +/- acre lot offers the perfect canvas for your dream home or vacation retreat, combining natural beauty with modern conveniences. Situated on the Merrymeeting River, this lot provides breathtaking water views and a tranquil setting. Enjoy the peaceful ambiance of riverfront living while being just a short boat ride away from the expansive Lake Winnipesaukee, renowned for its recreational opportunities and scenic landscapes. The property features a wharf, offering easy access to the water. Whether you're an avid boater, kayaker, or fisherman, this lot caters to all your waterfront desires. The footbridge to Alton Bay adds charm and convenience, connecting you to the vibrant community and amenities of the bay area. This lot comes with a 4-bedroom septic design. Additionally, town water is available, simplifying the development process and providing reliable water supply. A Letter of Map Amendment (LOMA) has been completed. The existing cement slab with frost walls offers a head start on your construction project. Buyers and agents should conduct due diligence regarding permitting and building regulations. This waterfront lot is a rare find! Seller is a licensed Real estate agent.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $227,920 | $227,920 | $227,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,536 | $1,515 | $1,922 |
Total Monthly Payment | $1,611 | $1,590 | $1,997 |
* 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.