Discover your homestead dream on 8 acres of beautiful land that’s been incredibly loved and improved upon in the last 18 years. The classic farmhouse has hardwood floors, big kitchen, dining room, spacious living with den, 2 bathrooms and 2 bedrooms. In addition, this unique property now has a 2 car garage with living space above it that includes large office and 1-BR apt for guests, family or rental unit. It has 2 decks; well-insulated windows, basement and garage; and a metal roof. Also added was a wood-burning furnace (integrated with the existing oil furnace) and fireplace insert in living room for more warmth and cozy charm. Basement has big bins to hold more than enough firewood to last a winter (filled now for you), and a large woodshed holds next winter’s wood. With large, very fertile garden areas, well-designed chicken coop, 2 large sheds, a small 2-story barn finished to be used as an artist’s studio, workspace, teen getaway, or guest house, this special place is now a well-functioning homestead, with income generation options. Plus, there’s a pond, very productive berry bushes and fruit trees, and a sturdy tree house in the woods for kids of all ages. And the artesian well produces 10-15 gal/min! Overall, this family-friendly property combines rustic charm with modern comforts, privacy, and the beauty of nature, making it perfect for homesteaders, hobby farmers, or those simply looking to live a healthy lifestyle. Must see in person to get the full feeling of it!
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Our Executive Mortgage Banker:
Our Insurance Division:
$625,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $730 | $730 | $730 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,369 | $3,323 | $4,217 |
Total Monthly Payment | $4,191 | $4,145 | $5,039 |
* 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.