2665 Valley Road, Stoddard, NH, 03464 | $265,000

Welcome to Merriewoode Village on Highland Lake! This two-story cottage and its community feature many amenities that are hard to find at this price point! on the highly desirable, Highland Lake. There is a large deck at the front of the cottage with vistas of the lake, as they are from the front rooms of the cottage. A boat dock for the exclusive use of the cottage is only a short walk away as are two beaches within the community. The first-floor living/dining area is a full 30-feet long, giving it an open-plan feel. Three bedrooms are fitted out to sleep 8 or more people, making it a great retreat for family and friends who love to be near the water for swimming, motor boating, sailing, kayaking, canoeing and jet skiing and also want a retreat of their own when night falls. This is a place where you can enjoy getting away from the noise of road traffic and sit back and look up to star-lit skies! An extensive lake vista exists from the dock and sundeck on the lake. The house is part of Merriewoode Village, Inc. and is a seasonal cooperative community which has been in existence for over 50 years on Highland Lake. Merriewoode owns two parcels of land on Highland Lake: 34 Acres on the west side, on which all the 21 residences sit, and at the mid-point of the 7-mile lake, there is a 1/2 acre lot a bit further south on the east side of the lake, at the north end of Shedd Hill Road. This is a chance to have a seasonal property at an affordable price with your own dock!

Features

  • Amenities: Beach Access,Beach Rights,Boat Launch,Boat Slip/Dock,Common Acreage,Trash Removal,Coin Laundry
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 1 full / 1 three-quarter
  • Style: Cottage/Camp
  • Year Built: 1996
  • Heating: Gas Heater - Vented,Stove - Wood
  • Cooling: None
  • Basement: Crawl Space
  • Approx Sq. Feet: 916
  • Est. Taxes: $0
  • Lot Desc: Beach Access,Interior Lot,Lake Access,Lake Frontage,Lake View,Leased,Trail/Near Trail,Wooded
  • MLS#: 5012716
  • Website: https://www.raveis.com
    /prop/5012716/2665valleyroad_stoddard_nh?source=qrflyer
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Listing courtesy of Manning Williams Agency   Phone: 603-478-3500
Listing Agent: Cindy Cullen

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2665 Valley Road, Stoddard, NH, 03464

$265,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

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5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $212,000 $212,000 $212,000
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 $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,288 $1,288 $1,675
Total Monthly Payment $1,363 $1,363 $1,750

* 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.