Escape to your own private world at 412 Bay Road, Farmington, NH. This stunning single-level ranch offers unparalleled peace and privacy on 40+ acres of serene land. This 3-bedroom 2-bathroom home offers a spacious master suite with Jacuzzi, a dedicated home office, and an open-concept living area perfect for entertaining. Cozy up by the fireplace with wood insert or enjoy outdoor living on the oversized deck. The full basement includes a second garage, ample storage, and a versatile space for hobbies or guests. Modern conveniences meet country charm with a new roof, new hot water tank, new water filtration, generator connection, efficient heating systems (oil and outdoor wood boiler made by Central), and a central vacuum. Cultivate your own garden, explore nature trails, nearby snowmobile trails, or simply relax in this outdoor enthusiast's paradise. Located near Lake Winnipesaukee and major highways, you'll have the best of both worlds: seclusion and accessibility to Portsmouth, Boston, Manchester, and Portland, ME. The expansive acreage presents endless possibilities. This property could potentially become your dream family compound or offer opportunities for future development. A plow truck, 4 wheeler, and snowblower are offered with the property. Don't miss this rare opportunity to own a piece of New Hampshire's natural beauty with conservation land abutting. Private tours now happening - schedule yours today!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $619,920 | $619,920 | $619,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,124 | $4,120 | $5,315 |
Total Monthly Payment | $4,216 | $4,212 | $5,407 |
* 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.