Escape to the hills! This is a rare opportunity to own a unique, 87 acre property in the foothills of Litchfield County. Possible subdivide. The property, graced by an antique Colonial home built in 1838, offers stunning views, meandering stone walls, an apple orchard, open fields and beautiful woodlands. Home features large sun porch, living room, 4 bedrooms, kitchen area, upstairs family room, 2 full baths, antique hardwood wide board floors and 3 fireplaces. If you are a craftsman or handy looking for an opportunity to put some hard work in to bring this historic home back to life, this place is certainly a diamond in the rough with so much potential. The home has an outdoor wood burning home heating/hot water system installed under a town approved special permit- not easy to obtain. In these uncertain times, having near free heat and hot water is comforting. Living off the land can be obtained from gardening and hunting if desired. The mixed-use property has several possible sources of income, with two town approved businesses including woodworking shop and firewood business. Property has highly valued red oak timber that can also be used as source of income. Superb location in close proximity to Bradley International airport and Ski Sundown. If you are looking for privacy with beautiful surroundings – this is the one. Don’t miss this great opportunity!
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Hardwood Floor | 14.0 x 14.0 | Main |
Bedroom 2 | Fireplace,Hardwood Floor | 14.0 x 14.0 | Main |
Bedroom 3 | Hardwood Floor | 14.0 x 14.0 | Upper |
Bedroom 4 | Hardwood Floor | 10.0 x 14.0 | Upper |
Family Room | Hardwood Floor | 13.0 x 28.0 | Upper |
Kitchen | Beams | 11.0 x 23.0 | Main |
Living Room | Fireplace,Hardwood Floor,Wood Stove | 13.0 x 28.0 | Main |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $498 | $498 | $498 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,992 | $3,988 | $5,060 |
Total Monthly Payment | $4,582 | $4,578 | $5,650 |
* 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.