Discover a rare & enchanting find in Newbury, NH, a retreat with 2 distinct homes on 2. 67 acres of land! This unique property features a year-round chalet home & a log cabin. The Log Cabin, built in the early 1900s, exudes warmth & character, in a 3-season haven. This 964 sq ft home includes 2 bedrooms, kitchen, 3/4 bath, & a spacious living room with a fireplace. The cabin also boasts a delightful screen porch for relaxing & enjoying the lake view, the beautiful perennial gardens & meticulous landscape that has been lovingly maintained by the same family for 75 years. Located below the cabin is the 780 sq ft chalet style home above a 2-car garage with additional parking area for boat maintenance & storage. The open-concept design offers a kitchen with new appliances, office, loft space, bedroom, full bath & half bath. Wood & gas stoves, central air conditioning & a generator make this a comfortable all season NH home. Multiple opportunities to include expansion of the living area or seasonal rental are possible. This property is located on the east side of Mt. Sunapee & abuts the 1, 800-acre Mt. Sunapee State Park. All this while facing the Newbury hills with Lake Sunapee glistening in the morning sunshine! Enjoy skiing at Mt. Sunapee, relaxing at the State Beach, or exploring the hiking trails in the area. Walk to Newbury Harbor to enjoy the beach, docks, restaurants, & summer bandstand nights. Make this property your new getaway & start making memories today! Agent Interest
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $266 | $266 | $266 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,884 | $3,884 | $5,051 |
Total Monthly Payment | $4,242 | $4,242 | $5,409 |
* 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.