25 Red Gate Lane, Meredith, NH, 03253 | $875,000

Meredith, NH is often recognized as one of the top 10 small towns in the country. If you know Meredith, NH you understand what a gem this town is with all that it offers. Well, here is a great opportunity to live within walking distance to downtown yet located on a quiet road. This property is so beautiful when you come to view it, you will fall in love. Whether you're seeking a primary home or second home to ger away to, this home and location is unparalleled. Imagine living steps from Lake Waukewan, with downtown amenities like coffee shops and bookstores at your fingertips. Meticulously maintained, 25 Red Gate Lane boasts ample space for large parties, ensuring accommodation is never an issue. For many years this has been run as a B & B and you will see that the inn and the owners quarters are separated nicely with two kitchens, two heating systems, their own entrances and more. They presently share the electric service and the washer/dryer however that can be separated easily. As you have heard many times when discussing real estate, the location is the most important factor, this location is awesome. If you like to walk for exercise, the Red Gate/Water Street loop offers challenge and length for you to achieve all you want on your walk. If this is exciting for you, let's discuss so you don't miss out on this incredible value.

Features

  • Rooms: 20
  • Bedrooms: 9
  • Baths: 2 full / 7 three-quarter
  • Style: Cape,Arts and Crafts
  • Year Built: 1925
  • Heating: Baseboard,Forced Air,Hot Air,Hot Water,Multi Zone,Mini Split
  • Cooling: Central AC,Mini Split
  • Basement: Climate Controlled,Concrete Floor,Partially Finished,Stairs - Exterior,Stairs - Interior,Storage Space,Sump Pump,Unfinished
  • Approx Sq. Feet: 5,645
  • Acreage: 0.72
  • Est. Taxes: $7,769
  • Lot Desc: Country Setting,Wooded
  • Elem. School: Inter-Lakes Elementary
  • Middle School: Inter-Lakes Middle School
  • High School: Inter-Lakes High School
  • School District: Inter-Lakes Coop Sch Dst
  • MLS#: 4988646
  • Website: https://www.raveis.com
    /prop/4988646/25redgatelane_meredith_nh?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/16/2024
Listing courtesy of RE/MAX Innovative Bayside   Phone: 603-279-0079
Listing Agent: Christopher Kelly

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25 Red Gate Lane, Meredith, NH, 03253

$875,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

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** 6.000% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.377% 6.851% 6.664%
Monthly Tax Payment $647 $647 $647
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,197 $4,540 $6,098
Total Monthly Payment $4,936 $5,279 $6,837

* 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.