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A Rare Opportunity in Southerlee Shores on Long Island! Vacant land in the distinctive Southerlee Shores Association on Lake Winnipesaukee is a true rarity, in fact, there is only one undeveloped plot of land in the association and this is it! Don’t miss this chance to build your dream home in one of the lake’s sought-after communities. This wooded parcel offers 189 feet of road frontage and 1. 86 acres on Southerlee Shores Road, providing privacy and peace on Long Island in low tax Moultonborough. A short . 3 mile walk from the property, at the end of the private road, residents enjoy a pristine sandy beach, with views of the broads and Gunstock Mountain, shared by only 13 properties—offering a peaceful and uncrowded lakeside experience. This property is fully accessible by car in all seasons. Boating enthusiasts will appreciate the association’s two seasonal day docks and a private mooring field, with each property assigned a designated mooring suitable for up to a 27-foot boat. There's also convenient space for storing kayaks, paddleboards, and other water toys. The current owner completed a successful perc test and a four-bedroom septic design, which will be made available at closing—bringing you one step closer to building your lakeside retreat. Whether you're looking for tranquility, recreation, or a strong investment in the Lakes Region, this property offers it all. Take a drive out and view this wonderful location.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $261,600 | $261,600 | $261,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.066% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,632 | $1,719 | $2,172 |
Total Monthly Payment | $1,707 | $1,794 | $2,247 |
* 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.