Delayed showings begin Thursday August 29th at OH! Welcome to 501 Ridge Road, Middleton. Get the best of both worlds on this property - boasting 15 acres of land and a sweet 3 bedroom, 1 bathroom ranch home with finished space on the lower level. With 230 feet of road frontage situated in front of the home, the new homeowner will enjoy an additional 240 feet of frontage off of Ridge Road (see tax map for location). A nice size driveway with plenty of parking, and a large level, cleared front yard, this wooded retreat has the potential for subdividing acreage. Take the steps up to your wraparound deck, the perfect spot for entertaining or enjoying dinner outside in the warmer months. Through the front door you are greeted by the kitchen to your left, complete with dining area, plenty of counterspace and SS appliances. From the front door entry to your right is the living room, plenty of space for a large sectional. This is the ultimate, cozy gathering spot. The hallway leads you to three bedrooms, including the larger primary bedroom and one full bathroom on the main level. Full basement for all of your storage needs, and a heated, finished basement space that could be used as a family room, hang out room, home office, or guest bedroom. Excellent location just 25 minutes to Alton Bay & Winnipesaukee and downtown Wolfeboro shops, restaurants, and more. Additional features include: wood stove/pellet stove as secondary heat source, 6 year old roof, chicken coop, gated dog run.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $303,200 | $303,200 | $303,200 |
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 | $344 | $344 | $344 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,842 | $1,842 | $2,396 |
Total Monthly Payment | $2,261 | $2,261 | $2,815 |
* 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.