An exceptional opportunity to acquire historic “Joy Farm”, a handsome 1840 farmhouse. Internally connected to a sound, 36’ x 36’, 3-story barn with an oversized garage. Vintage charm, yet modern conveniences. 4 bedrooms, 2 full bathrooms. Sunny office space. 1st floor bath and bed. Artistic ironwork railing and granite steps grace the approach. The rear deck spills into the 8 secluded acres with stonewalls and perennial gardens. An added bonus is the ability to carve off the separately deeded 6-acre lot from the 8-acre parcel. This lot could provide a visually discreet homesite and driveway. Wilmot is a vibrant community with the area’s foremost farmers’ market, a town pond, and accessible conservation areas, including Winslow State Park. An easy walk to hiking and groomed cross-country trails. Joy Farm is an easy 5-miles to I-89; 9 miles to family-friendly Ragged Mountain ski area; 3 minutes to a local market; 2 more minutes to a public boat launch and swimming on crystalline Pleasant Lake. 4 minutes to Flying Goose Grill or the epicurean Refinery. Located in an appealing part of Wilmot that’s closest to downtown New London with restaurants, bakeries, famous Playhouse, and Colby-Sawyer College. Only stop of the Dartmouth Coach on its multiple runs to Boston and Logan airport. Call the seller’s realtor for additional information about compelling aspects of the Wilmot neighborhood and New London, as well as the nearby Elkins Fish & Game Club. Well worth a visit.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $496,000 | $496,000 | $496,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $674 | $674 | $674 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,300 | $3,297 | $4,183 |
Total Monthly Payment | $4,066 | $4,063 | $4,949 |
* 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.