Three year round homes, eight seasonal cabins, and owned water frontage! Rare investment or potential family compound opportunity in Alton with a dock on Lake Winnipesaukee! Just a short ¾ mile drive down the road in beautiful Roberts Cove is your very own 25 feet of shoreline, including a beautifully crafted 10x14 gazebo and a 24 foot dock. All three of the single family homes offer the convenience of first floor living and have ample storage space. Additional outbuildings provide bonus room for tools, toys, or all the seasonal items needed to take full advantage of the lakes region. This terrific location puts you within just 10 minutes of downtown Wolfeboro, 7 minutes from Alton Bay, and easy access to Route 28. During the summer months, look no further than your waterfront neighbor Roberts Cove Basin Marina for a variety of services. You will have a boat launch, marine fuel, storage options, and a boat mechanic right next door! For those that enjoy winter sports, this property also has easy access to local snowmobile trails, ice fishing, and a short 22 minute drive to Gunstock Mountain. Some structures on the property will need repairs, showings are by appointment only please do not enter without your agent - security cameras are in use. Property will convey as-is.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,119,200 | $1,119,200 | $1,119,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $855 | $855 | $855 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,531 | $7,074 | $9,444 |
Total Monthly Payment | $7,511 | $8,054 | $10,424 |
* 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.