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Located on an arterial route for easy quick runs to Dartmouth Hitchcock, this 5. 2 acre lot is still very secluded. Highly suitable for a generously sized 3-5 bedroom house + ADU: build away! Beyond pets, city zoning permits a small chicken farming operation (grow your own eggs - up to about 15 hens). Mascoma Lake with sailing and water sports is close by, and it’s only 30 minutes to the Dartmouth Skiway. The grassy lot is gently sloping with contained glades. There are no close neighbors to annoy, or visa versa. And the lot and surrounding tree stands are a favorite for local deer: one doe comes back every Spring with a new Bambi. And oh yes: this lot backs onto the highly-regarded catch-and-release Mascoma River. And the Lebanon-Concord rail-to-trail runs 80 feet below the edge of the property. The Lebanon NH Zoning Laws appear to permit a “senior housing complex” to be built on this property. 100% seller financing for as long as buyer needs: but only for buyers with plans, permits, and construction financing in place. Buyers should have their local attorney prepare the paperwork.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $236,000 | $236,000 | $236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,472 | $1,550 | $1,976 |
Total Monthly Payment | $1,547 | $1,625 | $2,051 |
* 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.