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Welcome to Wolfeboro - America's oldest summer resort town! Come build your home on this dry, partially cleared lot with a sweeping corner setting. Current owner had it surveyed and a plot plan created for proposed well and septic locations (a previously approved 3 bedroom septic plan is available). It has nice 'space' and light where the home site is, with plenty of woods around that. It features some nice gently rolling terrain, with trees for privacy from the street. There are 2 potential drive access points, so take your pick! It has nice light and space from previous clearing, but it needs further cleanup/clearing work for a driveway and the house envelope. Electric is available at the street and it will require a well and septic installed for your build. 3 corner pins are easily found with orange tags. It's . 75 miles to the gas station and about 6 minutes to the Village grocery store. Great location to be close to Wentworth, Crescent and Winnipesaukee, plus all the great shops and restaurants Wolfeboro offers. Parcel is just across the street from the Cotton Valley Rail Trail! Plans for an A frame could potentially convey with the sale.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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---|---|---|---|
Loan Amount | $87,600 | $87,600 | $87,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.295% | 6.644% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $590 | $590 | $757 |
Total Monthly Payment | $665 | $665 | $832 |
* 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.