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Newfound Lake is one of the clearest and cleanest in the country! This is your opportunity to access the Lake and own one of the largest updated seasonal cottages in the Don Gerry Lodge Association. A true lake feel cottage, this charming home offers three-bedrooms, two bonus rooms, two spacious bathrooms an outdoor shower, a spacious kitchen, dining and living room and is nestled amongst the trees at the top of the Association offering beautiful lake views from the deck and two of the bedrooms. A private 132 ft sugar sand beach on Newfoundland Lake offering a floating swim platform, storage for beach toys and chairs and kayak racks, making it the ideal getaway for relaxing, swimming, fishing, boating, and enjoying everything lake life has to offer. With the potential for a mooring or dock slip (subject to availability and HOA guidelines), you'll have convenient access to the water for endless days on the lake. The home has been thoughtfully updated and lovingly cared for with newer windows, updated flooring, a freshly stained deck, and a recently painted exterior. Updated roof (2012) and electrical (2011) by the previous owner, providing a move-in-ready cottage with timeless appeal. Inside, you'll find comfortable living spaces designed for gathering with family and friends, while outside, the private setting offers beautiful lake views and is the perfect place to unwind and take in the peaceful surroundings. Located just a short drive from Wentworth State Park, downtown Bristol, with shops and restaurants, Profile Falls and 20 minutes to Meredith and Plymouth. Whether you're looking for a weekend escape or a vacation home, this inviting cottage is a perfect retreat to enjoy alone or share with family and friend. SHOWINGS BEGIN AT OPEN HOUSE, SATURDAY, JULY 11TH, 9: 30-11: 30 and SUNDAY JULY 12th, 9: 30-11: 30.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $460,000 | $460,000 | $460,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $565 | $565 | $565 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,795 | $2,904 | $3,820 |
| Total Monthly Payment | $3,452 | $3,561 | $4,477 |
* 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.