Looking for an ideal location to build your dream home? This property may be it. An unfinished 50' x 32' Ranch with full walkout basement can provide up to 3, 200 sq ft of living space for its new owner. Open floor plan on 1st floor framed for three bedrooms, kitchen, cathedral ceiling living room, bath/laundry and pantry. However because it was framed with roof trusses you can configure any floor plan you want. There is even a space in the foundation for a small elevator. An overhang of the roof line on the west side of the building provides for a cover for a large deck off the living room. A state approved 4-bedroom septic system has been installed along with an existing drilled well. Owner will leave building materials, vinyl siding, 2x4s and York air conditioner. Wiring and Electrical permits were secured from the town in 2023. A two car garage is attached and a 3 car garage/workshop is on the east side. Located on 2. 38 acres of open fields setback high above the road provide plenty of privacy. The Lake Sunapee area offers recreational opportunities both summer and winter. An additional 3. 75 acres can be purchased for $60, 000.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $236,000 | $236,000 | $236,000 |
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 | $468 | $468 | $468 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,570 | $1,590 | $2,024 |
Total Monthly Payment | $2,113 | $2,133 | $2,567 |
* 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.