This property sits in a fabulous and quiet setting with views of Balsam Ski area and rolling fields. Opportunity galore with a 5 bedroom home, 7-bay garage/workshop for equipment, cars or toys, a magnificent 140' x 50' 3-tier post & beam barn with potential for a wedding venue, gallery, or simply move your animals in. Many updates have been done to the barn, including the high drive stone wall, 2 new cupolas, siding, just to mention a few. The barn "speaks" for itself. It is gorgeous. The biggest surprise - the 80' x 50' "potato" barn, a one-level building with incredible storage below ground. This area has tall ceilings and thick concrete walls. Wine cellar anyone? Create a walk-out for multiple uses. This building is a gem! The home needs TLC but it was lived in up until recently, and it offers first-floor living. The galley-style kitchen can be expanded into the attached large living area making a huge eat-in kitchen and gathering space. An island would be perfect here. Enjoy your morning coffee on the covered farmer's porch while enjoying the views. The basement has been updated with concrete walls, Buderus furnace, electric water heater and sump pump. Property is just 1/2 mile from snowmobile trails and minutes from downtown Colebrook. A year-around recreational area, away from the hustle and bustle. It is a great value!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $238,800 | $238,800 | $238,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | $436 | $436 | $436 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,609 | $1,587 | $2,048 |
Total Monthly Payment | $2,120 | $2,098 | $2,559 |
* 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.