A rare chance to acquire an expansive 96 +/- acre wooded lot located in Franklin, NH. With selective tree clearing, this expansive property offers the potential to showcase breathtaking panoramic views of the White Mountains, creating an idyllic setting for potential development. This lot is located in the R1 zone with the possibility for residential subdivision. Located in an area that is currently seeing a rise in business and residential revitalization. In addition, the property is surrounded by a vast range of outdoor recreational activities, including Highland Mountain Bike Park, Ragged Mountain Resort, Mill City Whitewater Park, and Webster Lake, and Lake Winnipesaukee. Located within a mile of essential services and amenities, such as Franklin High School, Franklin Industrial Park, and Franklin City Hall, this property offers unbeatable convenience. Furthermore, the property is located just 12 miles from Laconia Regional Airport, 44 miles from Manchester-Boston Regional Airport, and only 88 miles from Boston, making commuting and airport access easy and convenient.
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $276,000 | $276,000 | $276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,836 | $1,834 | $2,366 |
Total Monthly Payment | $1,911 | $1,909 | $2,441 |
* 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.