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The Gorham area is an emerging short-term rental hotspot! This delightful 3-bedroom, 1-bath home features a wonderful combination of contemporary comfort and natural scenery. Take in stunning views of the Androscoggin River from your covered patio and large backyard. Inside, you'll discover a cozy living room, an eat-in kitchen, a sunroom, and a handy detached garage. Recent improvements include a new heating system, mini-split, and hot water heater, providing efficient and comfortable living. The property's excellent location allows easy access to nearby trails, perfect for outdoor lovers. The demand for ATVs in the summer and snowmobiles in the winter has made this a thriving year-round Airbnb. Mount Washington and Moose Brook State Park are just a short distance away. This amazing property is NOT located in a flood zone and has access to town water and sewer. Come see it for yourself!
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$250,000
William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $200,000 | $200,000 | $200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | $259 | $259 | $259 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,231 | $1,314 | $1,661 |
Total Monthly Payment | $1,565 | $1,648 | $1,995 |
* 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.