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Year-round waterfront home with 105 feet of frontage on Locke Lake! This well-maintained ranch is designed for easy entertaining with an open-concept kitchen and living area that leads to a large screened-in porch, perfect for three-season relaxation while overlooking the water. The finished lower level offers a family room, additional sleeping space, laundry, and a quarter bath, with walkout access to the backyard. Outside, enjoy steps down to the water, an outdoor shower, a fire pit, and a shed for your water toys. The property also features a one-car garage with a powered roll-up door and a whole home generator for added peace of mind. Located in the desirable Locke Lake Colony Association, owners have access to private beaches on Locke Lake and Half Moon Lake, a 6-hole golf course, marina, boat launch, tennis and basketball courts, two in-ground pools, picnic areas, and a community lodge. Route 28 is just moments away, offering an easy commute to Concord, Alton, Laconia, and the Seacoast, with Boston only 90 miles away. Whether you are looking for a weekend getaway or a year-round residence, this home offers an incredible lifestyle opportunity. Don’t miss your chance to make this waterfront oasis yours at Locke Lake! Delayed Showings until Thursday 4/24. Open House: Friday, 4/25 4: 00 PM - 6: 00 PM & Saturday 4/26 10: 00 AM - 12: 00 PM.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $516,000 | $516,000 | $516,000 |
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 | 7.019% | 7.050% | 6.152% |
Monthly Tax Payment | $744 | $744 | $744 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,219 | $3,390 | $4,320 |
Total Monthly Payment | $4,055 | $4,226 | $5,156 |
* 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.