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This extraordinary waterfront listing has 100 +/- acres with over 800 ft of frontage on lake Jo Sylvia, plus a six stall horse barn, a quality riding arena, and a two-bedroom home. It is the perfect location for a year-round waterfront retreat, expanded horse property, or family compound. The small ranch style two-bedroom home has a back deck, hot tub, AC, and shares a standby generator with the horse barn. In 2016, the barn was outfitted with matted 11x12 stalls, custom stall fronts, removable center dividers, a tack room, and a frost-free hydrant. The outdoor fenced arena is approximately 200’x325’ and has a deep clay-based footing. There is plenty of cleared land for additional dry pastures and miles of beautiful trails leading into the Mink Hills of Hopkinton, Warner and beyond. There is timber on the uncut acres that has not been evaluated for value. This lot is subject to Town of Hopkinton recording the final mylar map of the current boundary line adjustment in progress. 24 hours respectfully requested for appointments as horses live in the barn and have special requirements during showings. If seeking the idyllic location to establish your custom country estate with the benefit of recreational water frontage, look no further.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $720,000 | $720,000 | $720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.517% | 6.235% | 6.058% |
Monthly Tax Payment | $728 | $728 | $728 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,976 | $4,375 | $6,027 |
Total Monthly Payment | $4,796 | $5,195 | $6,847 |
* 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.