MEREDITH: Welcome to Hornets Nest Point. This unique lakefront property offers unmatched privacy and convenience to area amenities, both by water and land. It is the perfect retreat for those seeking a tranquil and serene setting. Nestled on 4. 41 acres with a rambling waterfront of what appears to be 1800+/- ft (per some surveys). The point of land on this property separates two coves; one which contains the boathouse while the other has a nice sandy beach. A two-story 3-bay boathouse w/automatic doors provides ample space for all of your watercraft and lake toys. In addition to the boathouse, this property also features a spacious 2200 sf hangar, perfect for storing all of your aviation needs. This building is heated and is equipped with a half bath. Offering secure storage and protection from the elements plus ample room to create a stunning display of your prized possessions! The main residence on the property boasts 3 BR's & 3 baths; One bedroom and bath on the lower level (with large family/rec room) and 2 add'l bedrooms/baths on the main level. The impressive two-story, double-sided fireplace can be enjoyed on both living levels. This Lake Winnipesaukee waterfront property truly offers a little something for everyone. Whether you're a water enthusiast looking to spend your days boating, fishing and swimming or perhaps a car and antique collector, this property offers convenience and ease of access right from your doorstep.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,800,000 | $2,800,000 | $2,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $2,588 | $2,588 | $2,588 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,031 | $16,563 | $23,064 |
Total Monthly Payment | $17,744 | $19,276 | $25,777 |
* 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.