This property is nestled in the charming community of Melvin Village, Tuftonboro NH, with Lake Winnipesaukee just across the street and town beaches nearby, offering residents easy access to the waterfront and recreational activities. Featuring three bedrooms, two full bathrooms, and and an additional room with a closet, not just one living room but a parlor room with a wood fireplace in it! This is not just a 2-bay garage, but also a 3rd bay, ideal for car enthusiasts or providing ample space for living and storage needs. While boasting newer siding and a new roof, some TLC is needed. Investing in updates like flooring and paint will quickly revitalize the space, providing the opportunity to customize the home to suit personal preferences. With some investment and vision, this property could transform into a stunning retreat or a comfortable family home tailored to its owners' desires. Lake Winnipesaukee offers a myriad of recreational opportunities, from boating and fishing to swimming, catering to those who cherish the lake life experience. This property represents a rare find in the Tuftonboro area, offering exceptional value and potential at its price point. Don't miss out on the opportunity to make this your dream home! Home being sold "as is" condition. The brown garage next to the home can also be purchased with the home with a fee. That would make 4 garage bays!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,920 | $319,920 | $319,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6..375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.623% |
Monthly Tax Payment | $251 | $251 | $251 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,182 | $2,126 | $0 |
Total Monthly Payment | $2,508 | $2,452 | $326 |
* 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.