829 Route 16, Ossipee, NH, 03896 | $299,900

Commercial land offering consisting of approximately four acres with strong visibility and frontage along Route 16 in Ossipee New Hampshire. Located on a well traveled corridor serving the Lakes Region this site offers excellent exposure convenient access and long term commercial potential for a variety of permitted uses. The land features a favorable layout with a mix of usable open area and natural surroundings allowing flexibility for future site planning. The property is not served by municipal water or sewer and wetlands are present on the parent parcel. Buyers should plan for private systems and conduct their own due diligence regarding development feasibility permitting and intended use. Seller intends to convey approximately four acres from the existing six acre parent parcel. Sale is subject to subdivision approval and recording and the subdivision process is currently underway. Final acreage boundary lines access and any required easements will be determined by the approved subdivision plan. Approximate acreage only with final acreage to be confirmed upon approval. Subdivision and future development may require local and state level approvals depending on proposed use and final layout. Buyers should anticipate that subdivision approval and recording is a multi step process and timing will vary. Closing cannot occur until the subdivision is fully approved and recorded. As an added benefit the purchaser of this parcel will receive a right of first refusal should the seller ever decide to sell the remaining parent lot. Parent parcel deed recorded at Carroll County Registry of Deeds Book 3053 Page 0641. Draft subdivision sketch available for reference only. All details subject to final approval.

Features

  • Zoning: Commercial
  • Lot Desc: Near Shopping,Level,Major Road Frontage
  • MLS#: 5073976
  • Website: https://www.raveis.com
    /prop/5073976/829route16_ossipee_nh?source=qrflyer
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Listing courtesy of REAL Broker NH, LLC   Phone: 855-450-0442
Listing Agent: Justin O'Connor

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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829 Route 16, Ossipee, NH, 03896

$299,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $239,920 $239,920 $239,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.357% 6.304% 5.648%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,419 $1,458 $1,944
Total Monthly Payment $1,494 $1,533 $2,019

* 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.