CONNECTICUT RIVER LOG CABIN RETREAT - With 1700' on the Connecticut River and 31+ acres ( a portion in Current Use) in low tax Monroe, this sanctuary offers so many lifestyle options for new owners. The log cabin with primary bedroom on the first floor and two bedrooms and loft upstairs works as a primary home or retreat getaway. With cable internet, this is a place where you will be happy to work from or not work but play. The star is the wraparound porch overlooking the picturesque Connecticut River. The river frontage has a floatable dock perfect for boating on this stretch of river which is accessible from McIndoes Reservoir to Dodge Falls at Ryegate Dam. Land along the river is in the flood plain, think rich soil, but the house and barn are high up. The house has an attached 2 car heated garage, a detached woodshed building/garage close to the house and an older barn out in the front fields. The land here would make a small farmer happy. The front fields are roughly 5 acres that border the main highway and the public road that leads to the house. A small pond sits on the property line and shared with neighbors. Back to the porch, where you will see deer, waterfowl and the occasional bald eagle and hawk. If you want a peaceful retreat, a place to grow agricultural products or raise some animals, all are possible. Or just sit on the porch and take it easy. Come see how good life can be.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,999 | $799,999 | $799,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.103% | 6.915% |
Monthly Tax Payment | $333 | $333 | $333 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,926 | $5,322 | $7,079 |
Total Monthly Payment | $5,351 | $5,747 | $7,504 |
* 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.