Settled on the Western side of Bristol Peak, this exceptional contemporary home offers a perfect fusion of natural beauty and architectural stateliness. Situated in a picturesque setting, this residence features beautiful views of Mt. Cardigan and the pristine waters of Newfound Lake. The home itself is of quality craftsmanship and design, featuring cathedral ceilings and an open-concept living space. The updated kitchen is decorated in stylish colors and filled with unique and thoughtful storage spaces. The main floor also features a walk-in pantry space, ¾ bath, two seating areas, and an incredible floor-to-ceiling wall of windows facing that mesmerizing view. On the top floor, two adorable bunk rooms and two larger bedrooms share a ¾ bath. The walk-out basement has been finished with ½ bath, fireplace, and is the perfect spot for a game room or additional sleeping space; a clever outdoor shower just outside the door. Living areas extend outdoors onto the wrap-around deck, perched to the perfect level for a sunset dinner. Just a two minute drive down the hill resides the shared-private sugar sand beach on the shores of Newfound Lake. Newfound Lake has been nominated as one of the cleanest lakes in all of the United States! The community water access offers a club house, day dock, kayak racks, and the potential for a boat mooring. This mountainside retreat has proven rental history and offers ample opportunity.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $628,000 | $628,000 | $628,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.500% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.051% | 7.295% | 6.623% |
Monthly Tax Payment | $519 | $519 | $519 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,391 | $4,231 | $5,427 |
Total Monthly Payment | $5,002 | $4,842 | $6,038 |
* 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.