Welcome to Errol, NH! This is your chance to own a large parcel of land connected to the extensive snowmobile and ATV trail system in northern NH. A small cabin is set up and ready to enjoy this property. Parcels like this are very rare, the views are amazing! This 56. 2 acre parcel has 161 feet of road frontage on Route 16 only about a quarter mile south of downtown Errol. This property is in the process of being cleared which opens up views of the Androscoggin River, Akers Pond, and several mountain ranges. This piece of paradise has tons of potential and is in a prime location for all outdoor enthusiasts. All sorts of wildlife roam this property, several moose and deer sightings regularly. This parcel is close to several area attractions including Umbagog State Park, Dixville Notch and L. L. Cotes Store for all of your shopping needs. The town of Errol is a small town close to the Maine border. Errol currently has no zoning. There are multiple options for high speed internet. Most of this property is enrolled in current use which make the property taxes very affordable. A road to access possible building sites is in the process of being roughed in which makes it easy to access the top to see the amazing views. Seller will also entertain building your dream home when you are ready!
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $340,000 | $340,000 | $340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,262 | $2,260 | $2,867 |
Total Monthly Payment | $2,337 | $2,335 | $2,942 |
* 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.