Amazing 27. 6 acres+/- of level to rolling former farm land surrounded by trees on the side lines, and the Northern Rail Trail on the north side for recreation. Beautiful Fields! Great location just off US Route 4 with an unobstructed view of Cardigan Mountain, and over 1000' of frontage on the sandy bottom Indian River with natural beaches and swimming hole. Located in the Shoreland Protection area. Many possibilities with great sun, an opportunity for solar panels, no zoning or covenants, and level land for your recreation with the Northern Rail Trail at your side for hiking, biking, and snow mobiling. Mountain Biking Trail Areas, Cardigan Mtn State Park, Farmer's Market, and area lakes nearby for public access. Bring your camper and enjoy! If a building site in not found to be a sufficient height above the flood area seller will consider raising a 100 x 100 area up 2' for a house site for building. In Current Use taxation, taxes are $143 per year.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $236,000 | $236,000 | $236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,570 | $1,569 | $1,990 |
Total Monthly Payment | $1,645 | $1,644 | $2,065 |
* 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.