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Imagine 4, 000' of beautiful shoreline along Lake Winnipesaukee's Paugus Bay with 265 manicured acres. South Down Shores is an extremely desirable gated community with a vast number of amenities for all four seasons of recreation. The community includes sandy beaches, 40 boat slips, 40 moorings, plus 218 dry berths, club house, two tennis courts, basketball and volleyball courts, playground, skating pond, walking trails and abuts Laconia Country Club. This architecturally designed detached condominium home is surrounded by beautifully landscaped common lawns and meadows. One of the most private condominium settings in South Down Shores. Including 2, 168 sq ft of living area with vaulted ceiling and a massive fireplace with a woodstove insert, this home features 4 bedrooms and two baths with a spacious first floor primary suite. The open concept kitchen and dining area features a breakfast bar with top quality cabinetry and finishes throughout. Expansive windows and skylights bring in lots of natural light. Your morning coffee or evening cocktails can be enjoyed on the private patio area. The two-car garage offers storage above. This spacious meadow setting is a rare find at South Down Shores! This is a very reasonably priced custom home with all of the amenities that South Down Shores has to offer. Shopping, fine restaurants, outlet mall, Gunstock Recreation Area, golf, cross country skiing, snowmobile trails and Bank NH pavilion are all within close proximity.
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$698,000
William Raveis Real Estate
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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 | $558,400 | $558,400 | $558,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $493 | $493 | $493 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,622 | $3,762 | $4,788 |
Total Monthly Payment | $4,207 | $4,347 | $5,373 |
* 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.