525 Fernwood Farms Road, Canaan, NH, 03741 | $299,000

A secluded and tranquil 18-acre property, with an abundance of majestic oak, maple, and beech trees. Three separately deeded parcels convey together in this offering. The serene landscape offers a perfect blend of nature and privacy, featuring a charming four-season cottage ideal for year-round living or weekend getaways. Enjoy the peace and quiet! Perfect for relaxation, hiking, hunting, or simply immersing yourself in the beauty of the outdoors. Whether you're looking for a family retreat or a personal sanctuary, this property promises tranquility and natural splendor. An additional two cabins are situated behind the house - the first has electricity, is insulated, includes a wood stove, and is rustically finished with a shiplap interior! Direct access to snowmobile trails and close proximity to Canaan Street Lake, Cardigan Mountain School, and Cardigan State Park. Please be respectful of the owner - Do not drive up the driveway or walk the land without a scheduled appointment. Delayed showings until Monday, 11/4/24.

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Style: Cottage/Camp
  • Year Built: 1975
  • Heating: Forced Air,Stove - Wood
  • Cooling: None
  • Basement: Dirt Floor,Stairs - Exterior,Stairs - Interior,Unfinished
  • Approx Sq. Feet: 807
  • Acreage: 18
  • Est. Taxes: $3,841
  • Lot Desc: Rolling,Timber,Trail/Near Trail
  • Elem. School: Canaan Elementary School
  • Middle School: Indian River Middle School
  • High School: Mascoma Valley Regional High
  • School District: Mascoma Valley Sch Dst SAU #62
  • MLS#: 5020732
  • Website: https://www.raveis.com
    /prop/5020732/525fernwoodfarmsroad_canaan_nh?source=qrflyer
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Listing courtesy of BHHS Verani Upper Valley   Phone: 603-643-8822
Listing Agent: Sarah Carter

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525 Fernwood Farms Road, Canaan, NH, 03741

$299,000

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 $239,200 $239,200 $239,200
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 $320 $320 $320
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,652 $1,590 $2,017
Total Monthly Payment $2,047 $1,985 $2,412

* 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.