Discover this extraordinary investment opportunity at Mascoma Lake, offering a 21-unit portfolio consisting of 3 prime locations on NH Rt. 4a. The portfolio includes two single-family waterfront homes located at 117 and 125 NH Rt. 4a, providing stunning lake views and private beach access, perfect for year-round enjoyment. Adjacent to 117 NH Rt. 4a is a versatile 11-unit multifamily property, featuring waterfront apartments, with large trex deck overlooking the lake. It has its owned beach access, offering tenants direct lakefront enjoyment and enhancing its rental appeal. Across the street at 118 NH Rt. 4a, are 8 townhomes, each with 2-3 bedrooms. They offer immense potential for a condo conversion, making this an exciting opportunity for developers or investors. Whether you’re looking for a long-term rental income opportunity or a chance to develop a premium lakeside community, this portfolio delivers with a blend of residential and multifamily potential. Don’t miss your chance to own a rare slice of Mascoma Lake living.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,000,000 | $4,000,000 | $4,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $3,925 | $3,925 | $3,925 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,712 | $24,955 | $33,485 |
Total Monthly Payment | $26,762 | $29,005 | $37,535 |
* 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.