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Welcome to Cottage Place in Ashland, NH! This to-be-built, two-story modular home offers modern comfort and New England charm in the heart of the Lakes Region. With 3 bedrooms, 2 bathrooms, and 1, 760 square feet of thoughtfully designed living space, this home is set on a corner lot (+/- 0. 29 acres) with public utilities—a rare find for new construction in this area. The front of the home will feature classic board and batten siding, complemented by clapboard siding around the rest of the exterior. Enjoy relaxing mornings and cozy evenings on the covered farmer’s porch, or host a summer BBQ on the 10x12 pressure-treated back deck. Inside, the layout offers a spacious living area, modern kitchen, and room to grow. A side entry door off the right gable end opens to a landing with steps to grade—perfect for future garage expansion if desired. Construction will begin with a fully executed purchase and sale agreement. Please note: photos are renderings and final landscaping may vary. Don't miss your chance to bring your vision to life in this peaceful and convenient location—minutes from local amenities, lakes, and I-93 access.
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Our Insurance Division:
$550,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $66 | $66 | $66 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,781 | $2,890 | $3,683 |
Total Monthly Payment | $2,939 | $3,048 | $3,841 |
* 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.