131 Forest Ridge Drive, #Unit 2, Lincoln, NH, 03251 | $538,000

Stunning 2-bedroom, 2. 5-bath condo at Forest Ridge in Lincoln, NH- This tastefully furnished home features an open floor plan with a modern kitchen, elegant living area, and dining space. Both spacious bedrooms offer en-suite bathrooms, and an additional powder room provides guest convenience. For those seeking immediate rental income, this condo is leased from October to April. Rates will be prorated, offering a great opportunity to generate income right away. Winter enthusiasts will appreciate the shuttle service to Loon Mountain stopping right at your driveway, and the Kancamagus local rope tow just a minute away. In summer, enjoy nearby activities such as hiking the White Mountains, exploring Franconia Notch State Park, and visiting local lakes and rivers for swimming, kayaking, and fishing. Forest Ridge amenities include a heated outdoor pool, indoor pool, hot tub, and fitness center. This condo combines year-round comfort, style, and investment potential in a prime location. Contact us today to learn more about this exceptional opportunity.

Features

  • Heating: Hot Water
  • Cooling: Wall AC Units
  • Amenities: Building Maintenance,Club House,Exercise Facility,Master Insurance,Recreation Facility,Hot Tub,Pool - In-Ground,Pool - Indoor,Snow Removal,Tennis Court,Trash Removal,Locker Rooms
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Complex: Forest Ridge Homeowners
  • Year Built: 1985
  • Approx Sq. Feet: 1,370
  • Est. Taxes: $3,328
  • Lot Desc: Ski Area,Trail/Near Trail,Near School(s)
  • MLS#: 5008438
  • Website: https://www.raveis.com
    /prop/5008438/131forestridgedrive_lincoln_nh?source=qrflyer
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Listing courtesy of Shamberger Realty LLC   Phone: 603-348-7246
Listing Agent: Taylor Shamberger

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131 Forest Ridge Drive, #Unit 2, Lincoln, NH, 03251

$538,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $430,400 $430,400 $430,400
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $277 $277 $277
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,615 $2,615 $3,401
Total Monthly Payment $2,984 $2,984 $3,770

* 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.