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Rarely does a Lake Winnisquam property with such a beautiful lot become available. With 3. 42 acres and 180 feet of pristine waterfront, this level lot with breathtaking views, a dead-end quiet location, a sandy beach and two seasonal docks, one with a boat lift which can accommodate a boat up to 30 feet. The property is serviced by public sewer, making it even more desirable for future development. Existing grandfathered structures on the lot include two seasonal cottages ready for updating, One features three bedrooms, one bath and 832SF living space, and the second offering two bedrooms, one bath and 666SF living space. Additionally, a detached garage and a storage shed provide extra convenience. With an approved Shoreland permit already secured, the property is primed for the construction of a new home, including a three-bay garage and separate living quarters—offering incredible potential for creating your ideal lakeside retreat. Don't miss the chance to own a piece of Lake Winnisquam’s beauty!
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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 | $1,356,000 | $1,356,000 | $1,356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | $1,785 | $1,785 | $1,785 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,699 | $8,683 | $11,534 |
Total Monthly Payment | $9,609 | $10,593 | $13,444 |
* 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.