Welcome to this turnkey Lake Winnipesaukee condo offering both a perfect vacation getaway and strong rental potential. This fully furnished 2 Bed, 2 Bath 1, 062 sq ft unit spans two floors and comes with everything you need to start enjoying lakeside living or earning rental income right away. The first floor welcomes you with an open concept design featuring a well-appointed kitchen complete with granite countertops, modern appliances, and a wine fridge. The dining area flows naturally into a comfortable living space warmed by a gas fireplace. Step outside onto the large deck with an electric awning, where you'll enjoy beautiful sunsets and views of Lake Winnipesaukee. Upstairs, you'll find two bedrooms and a full bathroom, plus the convenience of in-unit laundry. The property includes a detached garage and requires no exterior maintenance, as lawn care, snow removal, and trash service are all covered by the association. This condo comes with coveted lake access and resort-style amenities including day docks, an inground pool, tennis/pickleball courts, and a clubhouse with bathrooms. Already established as a successful short-term rental with five-star reviews and town approval, this property presents an excellent investment opportunity. Located at 11 Sullivan Way, this move-in ready home combines the peace of lakeside living with the convenience of modern amenities. Whether you're seeking a vacation home, primary residence or an income-generating property this is a must see.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $334,400 | $334,400 | $334,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $437 | $437 | $437 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,225 | $2,253 | $2,867 |
Total Monthly Payment | $2,737 | $2,765 | $3,379 |
* 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.