Hollis-Unique & Rare opportunity! Are you looking to build your dream home close to town with builder of YOUR choice? Beautiful, private 5. 15 ac building lot plus charming cape. Perfect for the snow bird in- laws, aging parents, extra rental income to cover taxes, or simply used as a home office. House has been completely restored with new bath, new kitchen, stainless steel appliances, including gas range, microwave, refrigerator plus space for dishwasher. Roof is 4 yrs old, septic updated, filtration system in place plus a 700 ft artisan well installed by Skilling Well Co 4 yrs ago that can be used for house plus building lot. Driveway was paved 4 years ago from street to back lot w/ underground utilities plus transformer at building site. Shared driveway with 1 new farmhouse at end of driveway. This is a 2 lot subdivision. The white cape in front is on same deed on 5. 15 acres with building lot. Light & bright cape has been rented for last 4 yrs, immaculate condition. All original oak floors have been professionally restored including open stairs to full attic. Completely painted throughout, beautiful center chimney wood burning fireplace. Very unique property for Hollis. Original 9. 5 acres had been cleared & subdivided in 2017 by Meridian Land Services & test pits had been done at that time. Can possibly have a walk out basement. Abuts town conservation land & apple orchards behind new farmhouse. Owner is a licensed RE agent.
Type | Level |
---|---|
Dining Room | First |
Kitchen | First |
Living Room | First |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $575,920 | $575,920 | $575,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $586 | $586 | $586 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,929 | $3,880 | $4,938 |
Total Monthly Payment | $4,607 | $4,558 | $5,616 |
* 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.