Welcome to 762 Cleveland Hill Road, where over 55 wooded acres stretch northward up the rising slopes to meet Hemenway State Forest. The pristine gravel driveway, complete with proper grading and drainage, meanders upwards to a towering 48' x 72' garage at its halfway point. The main garage bay boasts two 14-foot doors and is fully insulated with an oil furnace for colder months. An open-air pole barn makes up the building's southern half, perfect for sheltering any size vehicle. Continue up to the driveway's terminus, an ideal building site graced with sweeping mountain views. Behold the gently contoured Ossipee Mountains to the south, remnants of an ancient volcano from a time long since forgotten. On a distant westward hillside, catch glimpses of 'Intermont', President Grover Cleveland's former summer residence, with Mt. Israel presiding in the background. This particular spot is ripe for your future custom-built home, a crown jewel shimmering above the valley below. Uphill from here you will find an established network of trails fit for year-round person-powered outdoor activities, currently appreciated by friendly neighbors on a regular basis. Enjoy elevated views of the same mountains from a higher grassy landing, just a five-minute trek from the main house site. Imagine your off-grid retreat here, a sanctuary embellished by nature's beauty, inspiring creativity and promoting relaxation. Help this land realize its full potential and prepare for your dreams to come true!
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William Raveis Real Estate
Phone: 888.699.8876
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 7.125% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.531% | 7.228% | 7.041% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,367 | $4,716 | $6,243 |
Total Monthly Payment | $4,459 | $4,808 | $6,335 |
* 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.