HERMIT HILL FARM- One of the most rare and spectacular estates in the region, the property sits on 700 pristine acres minutes from Lyme Village and a very short trip to Hanover, home of Dartmouth College. The farm has been in the same family for generations. The area around the main house is idyllic, with rolling fields, a large swimming pond with beach, apple orchard, gorgeous landscaped grounds, quaint barns, and western views from several areas. The farm operated as an equestrian estate for many years and has a 11-stall central barn with solar array, large indoor riding arena, outdoor arena, and fenced paddocks with run-in sheds. There are miles of trails to explore the property, perfect for hikes, walks with the dogs, snowshoeing or x-country skiing, ATV riding, and mountain biking. The main hill on the south side of the house even once had its own ski-tow, later replaced by snowmobiles. The main house is spacious and sophisticated and has been expanded over the years to include a private bedroom wing and large great room for family gatherings. There are 5 bedrooms and 5 baths in total. The historic details of the interiors are beautiful– warm woodwork and original paneling with modern sophistication such as radiant flooring and top of the line appliances. The farm is in conservation but allows for potential subdivision and there is significant timber value. This farm is a true New England gem and needs to be experienced. Note: some interior photos were virtually staged.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,480,000 | $3,480,000 | $3,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $3,844 | $3,844 | $3,844 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,033 | $21,996 | $29,366 |
Total Monthly Payment | $24,002 | $25,965 | $33,335 |
* 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.