Welcome to 1087 Mayhew Turnpike in Bridgewater, NH -- This charming 1940's seasonal cottage is attractively sited along the serene shores of Newfound Lake's beloved Pasquaney Bay! Enjoy 130 feet of private water frontage, a dock, mooring, sprawling lake views and a lush lakeside lawn. This quaint & cozy cottage offers western exposure and an expansive back deck, presenting the perfect place to admire those classic Newfound Lake sunsets! Step inside the cottage to an abundance of warmth & comfort. The cottage offers tongue & groove knotty-pine walls, a functional country kitchen, 3/4 bath and 2 bedrooms. The living space exudes that rustic lake-life feel and also offers hardwood floors and an attractive hearth that awaits a wood stove to warm the space on those cooler summer & fall nights. The 0. 30+/- acre lot also features gentle topography and mature plantings. Located in one of the lowest tax towns in the state, this property offers the highly sought after lakefront amenities while also allowing lower carrying costs. Whether you're looking for a summer escape or a peaceful place to relax, 1087 Mayhew Turnpike offers the ideal setting for making lasting memories. Just across the street, one can enjoy dinner or drinks at the Newfound Lake Inn while admiring the views of this iconic lake location. Don't miss the chance to own your own piece of paradise on Newfound Lake today. Assisted showings begin by appointment only Friday, September 20, 2024.
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$1,395,000
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.748% | 6.396% | 6.036% |
Monthly Tax Payment | $528 | $528 | $528 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,337 | $6,871 | $9,342 |
Total Monthly Payment | $6,990 | $7,524 | $9,995 |
* 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.