Beautiful location over looking Seymour Lake this store has captured the locals for business, as well as many of the seasonal lakefront owners. Located on Rte. 111 which is a main highway leading from the town of Derby to the town of Island Pond. Heavily traveled highway. Included in the sale are the real estate, business, inventory, and equipment. The present business owner operates it as not only a country store, but it has also become a destination spot for fine dining or takeout. The stores motto is "We're always Cooking". There is a fully equipped kitchen, walk in freezer, and a full walkout basement for extra storage. There is an established lease with the US Post Office located in the building. The is also a very nice one bedroom apartment on the top floor with full kitchen and laundry room. Perfect for living quarters, or as a rental for additional income. You can also fill up your car at the pump. Located on . 92 acre lot it offers ample parking. There is an outside deck/dining area overlooking the lake.
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|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $400,000 | $400,000 | $400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $557 | $557 | $557 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,209 | $2,366 | $3,189 |
| Total Monthly Payment | $2,858 | $3,015 | $3,838 |
* 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.