Welcome to the wonderful retreat of Mandalay Road. Offered for the first time in over 80 years is this spectacular piece of waterfront! Located in Winter Harbor on Lake Winnipesaukee with a coveted southwest exposure lies almost an acre of land with 168 feet of frontage. The waterfront consists of a sandy beach, large docking system and an original boathouse. The house is a 1901 cottage with all of the charm from its original construction. The covered porch runs the entire front of the house with views to the lake, beach, docks and beyond. Sit and listen to the loons go by or watch the activity on the water. The house has the original fireplace, some hardwood floors, cathedral architecture inside along with several bedrooms on the first floor. The double sided staircase takes you to the balcony and two more bedrooms. All of this sits at the end of the road affording all the privacy you could want. Come and see what the "laid back" way to spend the summer looks like! Delayed showings start at the open house on Saturday, June 8 from 11: 00 to 1: 00. (seller would prefer an October closing)
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,000,000 | $2,000,000 | $2,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $1,583 | $1,583 | $1,583 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,199 | $12,152 | $16,475 |
Total Monthly Payment | $12,907 | $13,860 | $18,183 |
* 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.