This remarkable retreat nestled in the woods is less than 10 minutes from New London amenities yet it feels like it's in a world of its own. The home's unique charm seldom found elsewhere. A bright sunroom is used as the primary entry into the home. The kitchen is open to the dining area that flows into the living room with cath. ceiling, wood-burning fireplace with wood stove insert, and a large wall of windows toward Mt. Kearsarge. The 1st-floor home office could also be used as a temp. spare bedroom. The primary bedroom and 2 junior bedrooms plus 2 bathrooms are located on the 2nd floor along with the home laundry. A guest apt. with a deck and hot-tub sits above the attached 2-car garage. The finished 3rd-floor is an open studio with it's own deck above the trees and commanding view of Mt. Kearsarge. The full unfinished basement offers plenty of storage or potential recreational living space. A detached pole barn can be used for many purposes such as wood storage and covered RV parking, or possibly a 3-season workshop space. The 7-acre parcel has been subdivided into to 2 separate lots of record (the house and barn with 4 acres plus an abutting vacant 3-acre building lot). As part of the recreational enjoyment, the property includes a 10' x 60' bocce court with hard-pack surface. The wooded acreage has been tirelessly cleaned and groomed, making the trails throughout like walking through an enchanted forest. The location makes this ideally suited as a primary or 2nd home.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
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 | 7.984% | 7.146% | 6.256% |
Monthly Tax Payment | $887 | $887 | $887 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,720 | $3,717 | $4,716 |
Total Monthly Payment | $4,699 | $4,696 | $5,695 |
* 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.