Nestled on Rattlesnake Island, this north-east facing building lot is the key to making your Lake Winnipesaukee dreams a reality! Just a quick boat ride from the Rattlesnake Island Association dock in Glidden Cove, located in West Alton, brings you to your private pilings dock and a level gathering area at the water's edge. Outbuildings provide convenient storage for gear and utilities, while the waterfront offers endless opportunities for swimming, boating, or simply wading when the lake beckons. The panoramic views stretch from north to south across the Broads, showcasing the best of New Hampshire's most popular lake. A brief uphill walk leads you to a charming shed, complete with 200 amp electrical service, water, a refrigerator, cook top and a possible sleeping loft. Step outside to a small deck and firepit area, perfect for unwinding after a day on the water and watching boats cruise by. The back boundary of the property abuts the construction road, offering easy access for installing septic, building a primary residence, and more. Rattlesnake Island is one of the lakes largest islands and offers hiking trails that traverse it, including routes to its highest peak with breathtaking views of the region. On the mainland, you'll find two association parking areas, a boat launch, and docks, ensuring seamless access to your slice of island paradise.
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$250,000
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $200,000 | $200,000 | $200,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,215 | $1,215 | $1,581 |
Total Monthly Payment | $1,290 | $1,290 | $1,656 |
* 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.