A rare find of 57. 1 acres with lots of road frontage on class six road but within a few miles of Historic Hancock NH village. The land rises from the road to an elevation of 1271' which provides a view of Mt Monadnock to the west and Hancock Village to the east. An ideal spot to use for camping, hiking, hunting or just to getaway for peace and quiet. The road would have to be improved to a standard set by the town in order to get a building permit for a residence. Access is by foot or 4 wheel vehicle. The south side of the property has one neighboring house several hundred yards away, the north side has no neighbors and is close to Rte 137. The parcel is wooded with a mixture of hardwood and softwood. There is a pathway to the summit where the views are and a small clearing. Once known as Bald Mountain Pasture.
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$250,000
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $200,000 | $200,000 | $200,000 |
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 | $1,347 | $1,329 | $1,687 |
Total Monthly Payment | $1,422 | $1,404 | $1,762 |
* 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.