Privacy and tranquility on Squam Lake with 14. 96+/- acres and 860’ of pristine, deep-water frontage on Bean Cove. This incomparable family compound is protected by conservation land on the entire western boundary ensuring privacy in perpetuity. Designed with the ideals of a traditional old Squam camp, the property has 4 buildings that allow privacy to coexist with a sense of community and togetherness in the common gathering spaces. The Lodge is a year-round, 2-story home with 2, 054 sf, 2 bedrooms, 1 bath, laundry, large first floor family room, kitchenette, and a wraparound porch with a hot tub. The Kitchen Cottage is the ultimate gathering space and is fully screened to enjoy the sights and sounds of the lake. The open floor plan allows for large dining and sitting areas with a full kitchen at one end. The Guest House has two bedrooms, two baths (one bedroom is en suite), a sitting room, laundry and with a full foundation under the 1, 721 sf it can easily be a year-round home. The Sleeping Cottage is a seasonal one bedroom, one bath favorite with a beautiful, screened porch overlooking the lake that gives the effect of sleeping in the treetops. There are two docks as well as a freshly resurfaced tennis/pickle ball court to add to the family fun. Fiber optic internet assures seamless streaming. 10. 96 acres are enrolled in Current Use allowing for acreage and privacy while keeping the tax bill low. Just two miles to Center Harbor with restaurants, grocery, and hardware store.
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$7,300,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $5,840,000 | $5,840,000 | $5,840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.346% | 5.907% |
Monthly Tax Payment | $1,942 | $1,942 | $1,942 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $32,702 | $35,958 | $48,496 |
Total Monthly Payment | $34,769 | $38,025 | $50,563 |
* 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.