Income Potential and Lake Living Combined! Discover this beautifully updated 3-bedroom, 1-bath ranch near the shores of Lake Winnipesaukee—a perfect year-round retreat or income-producer! Whether you're looking to enjoy the home yourself or explore its rental potential, this property offers an ideal opportunity. Sitting on a level lot, the home features a spacious circular driveway, large patio for outdoor entertaining, and a handy shed for extra storage. After a day on the nearby ski slopes, unwind in the high-quality sauna, a unique feature that will appeal to guests in both summer and winter. Inside, you'll find updates that preserve the classic lake house feel with charming knotty pine in the bedrooms and an open-concept living area. The kitchen and dining space boasts a gas stove, modern countertops, and ample room for meal prep—a perfect setting for gatherings. The large family room is ideal for movie nights or working from home, thanks to high-speed internet access. With first-floor laundry, security, and smart climate control systems, you can manage and monitor the property remotely—making it a great choice for short-term rentals. And don't forget the 10-foot right-of-way to Lake Winnipesaukee just a short walk away, providing private access for launching your kayak. This home combines comfort and convenience, offering everything you need to enjoy yourself or to generate income year-round. Room sizes are approximate; buyers should confirm measurements.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $463,920 | $463,920 | $463,920 |
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 | $278 | $278 | $278 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,086 | $3,083 | $3,978 |
Total Monthly Payment | $3,456 | $3,453 | $4,348 |
* 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.