Discover a rare gem in Hampstead—a cozy, waterfront retreat on Big Island Pond! This 2-bedroom, 2-bath home at 27 Collette Drive offers 1, 260 square feet of one-level living with plenty of room to relax, both inside and out. Nestled on a quiet dead-end road, this property gives you the perfect balance of peace and convenience. Inside, an open layout flows seamlessly from a functional kitchen into the living area, while large windows provide stunning water views and fill the home with natural light. Both bedrooms are spacious, and the walk-out basement and additional storage garage offer tons of extra storage—perfect for keeping lake equipment, outdoor furniture, or seasonal items within easy reach or potential for a workshop, gym, or hobby space. The attached 2-car garage and multiple driveways offer plenty of parking spaces for guests. Step outside, and you'll find your own slice of paradise. Situated on an inlet, the property provides direct access to Big Island Pond, ideal for kayaking, fishing, or just relaxing by the water’s edge. Enjoy summer evenings in your backyard with serene views of the inlet and abundant wildlife. If you’re looking for a charming, low-maintenance home with breathtaking views and lakefront access, this is the one. Schedule your showing today and experience waterfront living at its finest! *Big Island Pond is drained annually for preventative control and maintenance.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $640,000 | $640,000 | $640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $1,122 | $1,122 | $1,122 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,366 | $4,254 | $5,488 |
Total Monthly Payment | $5,580 | $5,468 | $6,702 |
* 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.