Presented byJake Wyman |
27+/- ACRES. . . . . located just minutes from the shores of Lake Winnipesaukee and the charming town of Wolfeboro. Access from the end of Pearson Road and/or Route 28 (50' ROW through STORAGE FACILITY LOT). Many possibilities exist for potential for permitted usage as allowed by Town of Alton for R/R zones. Check with Town Office with any questions related to permitted uses. Being sold as a single lot, however all engineering was previously done for a 19 lot subdivision. Plan approval was eventually rescinded for failure to complete town road requirements within the allowed time frame. (Also, 19 perk test previously performed. Seller willing to pass on the extensive engineering work to a buyer. Concerned about being over invested in the stock market? May be a good time to diversify your investments . . . . . . Hold this piece for possible future development. This parcel may work well for senior housing at some point! LOT IS IN "CURRENT USE" . . . . . . . . only minimal property taxes assessed owner. ** A Town water line runs the entire length of the property. 4, 000+/- yards of gravel & loam were left as consideration for the owners allowing it to be installed on the property. *** Sellers are both licensed Realtors.
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Our Executive Mortgage Banker:
Our Insurance Division:
$339,000
Sales Associate
William Raveis Real Estate
Phone: 203.710.4793
Jake.Wyman@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $271,200 | $271,200 | $271,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,896 | $1,827 | $2,344 |
Total Monthly Payment | $1,971 | $1,902 | $2,419 |
* 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.