Well maintained ranch home on a generous landscaped lot in sought after Locke Lake Colony. Featuring 2 bedrooms, den, eat-in kitchen, full bath, living room, pellet stove and partially finished room in basement. Updates include a new septic system Oct 2016, new metal roof and new vinyl siding in Aug 2021. The lot is bordered with fencing & stonewalls where you'll find raised garden beds ready for planting, two sheds for additional storage or hobbies, and a cozy fire pit for those cool evenings spent under the stars. The large deck offers plenty of room for entertaining, barbecuing, or simply relaxing while taking in the serene surroundings and listening to the beautiful calls of the Loons from the nearby lake. Rights to Halfmoon Lake & Locke Lake, w/ access to 2 inground pools, golf course, baseball field & tennis/pickleball courts makes this home a great place to entertain your guests, vacation home/Airbnb. Just 30 min to Gunstock for skiing; 15 min to Lake Winnipesaukee/ Alton Bay for dining, entertainment, swimming & boating. Conveniently located within a short drive to Concord, Tilton, Laconia and Rochester for all of your major shopping needs.
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $285,520 | $285,520 | $285,520 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $316 | $316 | $316 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,900 | $1,876 | $2,408 |
Total Monthly Payment | $2,291 | $2,267 | $2,799 |
* 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.