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Life’s better at the lake—and it doesn’t get much better than 50 Browns Beach Road! This 3BR, 1. 5BA Newfound Lake cottage sits on an attractive 0. 24+/- acre lot offering 81 feet of exclusively owned lake frontage! This location on the lake allows for a walk-out depth that’s perfect for swimming, paddling, and floating the day away. Rebuilt in 1984, this cottage exudes warmth and character. The main level offers T&G knotty pine walls throughout, a country kitchen with gas range, a half bath, cozy living room with propane heat, and an enclosed 3-season porch with wide pine floors & stunning lake views! There’s a first-floor bedroom, two more bedrooms upstairs, a full bath, plus an additional room ideal for an office or extra sleeping space. At the lower level, half of the cottage offers a poured concrete walkout basement with double doors, a great space for lake toy storage. However, the real magic lies outside the cottage walls: Enjoy a deck ideal for sunbathing, a garden shed, a lush lakeside lawn, mature perennials, a private dock, two moorings, and not one but TWO sandy beach areas to be enjoyed at your leisure. Plus, you’re just a short walk to Shackett’s & a quick drive to Wellington State Park as well as the Bristol town beaches. Whether you're looking for a seasonal getaway or a potential year-round retreat, this Newfound Lake waterfront offering delivers BIG on lakeside living!
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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 | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.761% | 6.764% | 6.560% |
Monthly Tax Payment | $1,162 | $1,162 | $1,162 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,075 | $7,658 | $10,336 |
Total Monthly Payment | $8,362 | $8,945 | $11,623 |
* 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.