59 Morris Avenue, Effingham, NH, 03882 | $269,900

Welcome to your new getaway! This special 5-acre lot is perfect for family fun and adventures. It has a cozy camp with 2 bedrooms and 1 bathroom. There's even an addition started, so you can make it even bigger and better! You can use the camp right away while you finish the addition and create the house of your dreams. Imagine all the outdoor activities you can enjoy on this spacious land. It’s a great place for camping, hiking, and exploring! It backs up to conservation land, so you can enjoy nature right in your backyard. There’s even a snowmobile trail behind the property for winter fun! You’ll be close to a public boat launch on Ossipee Lake, great for summer adventures. Plus, King Pine Ski Resort is just a short drive away for winter sports. The home is a cozy camp that has been used year-round. It features a state approved 3 bedroom septic design and you’ll find a compost toilet for easy living. Don’t miss out on this amazing spot to create lasting memories!

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Style: Cabin,Contemporary
  • Year Built: 2016
  • Heating: Alternative Heat Stove,Electric,Stove - Wood
  • Cooling: None
  • Basement: Crawl Space
  • Approx Sq. Feet: 1,119
  • Acreage: 5.05
  • Est. Taxes: $4,217
  • Lot Desc: Country Setting,River,Wooded
  • MLS#: 5017952
  • Website: https://www.raveis.com
    /prop/5017952/59morrisavenue_effingham_nh?source=qrflyer
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Listing courtesy of BHHS Verani Wolfeboro   Phone: 603-569-6060
Listing Agent: Nicole Shamlian

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59 Morris Avenue, Effingham, NH, 03882

$269,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $215,920 $215,920 $215,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.708% 7.133% 6.256%
Monthly Tax Payment $351 $351 $351
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,491 $1,435 $1,821
Total Monthly Payment $1,917 $1,861 $2,247

* 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.