TURN KEY INCOME PRODUCING LOG CABIN PROPERTY - Welcome to this Log cabin with attached one bedroom rental. Main house has 3 bedrooms plus one bedroom in finished area of basement and 1. 5 baths. First floor bedroom and gorgeous sunroom. Great front porch! Direct entry from oversized two car heated garage with slop sink. Fully furnished one bedroom apt with 3/4 bath above. The one-bedroom unit is conveniently located privately from main house. Both units come completely furnished with a couple excl. Recent updates include new (2023) mini split in the apt. providing heat and a/c. Log timbers were painted and sealed. There is a separate one car garage/shed providing lots of storage for that ski/fun equipment! Garage has slop sink for easy cleanup. Wired for generator. Very PRIVATE location on dead end road with a handful of houses but within walking distance to downtown Lincoln and its restaurants and activities. A few miles to the sought after skiing at Loon. Hiking trails abound in both directions! Great lot with oversized parking area will accommodate an RV. On the other side of fence is the Kanc Recreation area which is town owned and offers summer activities and ski lessons in the winter. Town water and sewer - fees included in the taxes!! Agent Interest EASY TO SHOW.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $575,920 | $575,920 | $575,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $359 | $359 | $359 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,929 | $3,828 | $4,857 |
Total Monthly Payment | $4,380 | $4,279 | $5,308 |
* 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.