Welcome to beautiful picturesque Melvin Village. This iconic 1900's waterfront compound is on 6. 5 level acres with direct access to Lake Winnipesaukee. With unlimited grandfather clauses that give the new owners multiple choices to a one of a kind Family Compound! With a 3 bedroom year round home, one bedroom full apartment over one of the garages, plus a 2+ bedroom all glass apartment directly on the water, three plus multi-car garages) The main house has a huge creative kitchen with plenty of room for both cooking and entertaining. Large Dining room, living room (with wood stove), office, screened in porch and primary suite on the first floor and two bedrooms and bath on the second floor. Lovely gardens surround the home along with an inviting patio and hot tub. This property is an antique car collector's paradise with multiple garages. One of the garages has a one bedroom apartment over the structure, with great privacy and views. The boathouse has an inviting outside deck area for seating plus 4 possible boat slips. The Boat House is " Grandfathered "and is much more, complete w/2-bedroom apartment on the beach/shoreline, with views that never end. You see acres of water known as Melvin Bay, 277 feet of sandy beach, all level all ready for fun. Plus you're looking south across the lake to the Belknap Mountains and west to sun all day, including sunsets all year!! Plenty of room for family, guest and even rentals. A very unique one of a kind WATERFRONT PROPERTY!!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Insurance Division:
$3,695,000
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 | $2,956,000 | $2,956,000 | $2,956,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,723 | $19,173 | $25,750 |
Total Monthly Payment | $17,848 | $19,298 | $25,875 |
* 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.