MOTIVATED SELLER! A unique opportunity to own a rare property. Check out this 5. 7 acre parcel. Besides being on the banks of the Merrimack River, there is a Large 2 Story Barn and Lean to, a 4 Bdrm Colonial(needing rehab) with just under 2000 sqft, lots of open space with 1400 grapevines already planted and a 2 Part BRAND NEW MORTON BUILDING, with metal siding and roof(50 yr Warranty) measuring 53’x30’ & 56’x30’. Litchfield is a great low key farming town. Are you able to think outside the box? Maybe continue with the Vineyard or some kind of Agricultural Farming(the soil is some of the BEST in NH)maybe a potential future Cannabis Farm?…. maybe a Gentlemen’s Ranch with some horses…maybe a subdivision with town approvals? MAYBE Build your DREAM HOME and lease out some land to local farmers. Just a 10 minute drive from the Manchester NH Airport(MHT), and less than 5 mins to Mels Tee Off and 2 of NH’s best GOLF Courses located in Litchfield.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $1,085 | $1,085 | $1,085 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,859 | $3,855 | $4,891 |
Total Monthly Payment | $5,036 | $5,032 | $6,068 |
* 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.