Presented bySheri Lasley Ruiz |
After four generations of cherishing the serene lake life in Paugus Bay on the Winnipesaukee, it's time for a new family or investor to embrace all that this enchanting destination has to offer. Nestled on 380 feet of picturesque water frontage, this unique property boasts a blend of commercial and residential opportunities, making it a truly exceptional find. With a total of 24 boat slips, this multi-family gem presents an unparalleled opportunity to enjoy the lake to its fullest. The property features four units, including two spacious 2-bedroom, 1-bathroom residences, and two cozy 1-bedroom, 1-bathroom units, offering over 4700 square feet of living space for comfortable lakeside living. Convenience meets functionality with a garage stall in the back, providing ample storage space for all your lake toys and essentials, protecting them from the elements and ensuring they're always ready for your next adventure on the water. Don't miss out on the opportunity to own a piece of Lake Winnipesaukee's legacy and create your own cherished memories for generations to come. Whether you're seeking a family retreat or an investment opportunity, this property offers the quintessential lakeside lifestyle you've been dreaming of. Come and experience the magic of Lake Winnipesaukee living at its finest!
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,500,000
Sales Associate
William Raveis Real Estate
Phone: 941.400.4186
Sheri.LasleyRuiz@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,800,000 | $2,800,000 | $2,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | $1,145 | $1,145 | $1,145 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,118 | $17,468 | $23,818 |
Total Monthly Payment | $17,388 | $18,738 | $25,088 |
* 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.