Only 2 1/2 miles from Sugar Hill's town hall, with Pearl Lake 11/4 miles from the parcel farther down the road, this property’s location is perfectly situated. The Town of Sugar Hill has assigned it a Tax Parcel #. Three acre zoning and the required road frontage allow this parcel to be split into two lots. 742 feet of road frontage where the land is relatively flatprovides easy access to potential buildable sites. The property’s trajectory then ascends in a southerly direction to its’ highest point, approx. 1800 above sea level, being roughly 350 feet higher than the road. Selectively clearing several acres opens up commanding views of the White Mountains with Mt. Washington seen to the east. Also, the property has unobstructed views to the west with the Green Mountains in the distance. The property’s orientation provides both sunrises and sunsets to be spectacular. The property additionally enjoys an unobstructed view of the starlit night sky. Stone walls running throughout the property indicate this acreage was once cleared. An old dug well exists. Power may be easily connected from multiple locations depending on where it is decided to build. Lupines and Tiger Lilies were seen to be in profusion along the road when the land had been cleared. This homesite offers privacy, views, options on how it can be developed and investment potential.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $129,600 | $129,600 | $129,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $862 | $851 | $1,093 |
Total Monthly Payment | $937 | $926 | $1,168 |
* 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.