This enchanting 15. 66-acre farm located in Simsbury's esteemed horse country is convenient to main roads and horse venues. It offers a harmonious balance of comfort and rustic charm with a main residence, that's both welcoming and functional, and an equine side to the farm that is loaded with amenities, plus it is a lucrative income-producing facility. The farm boasts 29 stalls, (between 3 barns and 2 shed rows), two outdoor riding rings, (upper ring 95x225, lower ring 90x150), and an indoor riding ring, (70x180), which is connected to the main barn. All footing has been professionally updated. The main barn features many heated areas: an oversized bathroom with laundry, wash stall, two tack rooms and an office. A feed room and storage room are also present. The residence offers 3 bedrooms, 1. 5 baths, living room, dining room, office and kitchen. Adjacent to the home is an apartment with two bedrooms, kitchen, living area and bathroom all on an upper level. The combination of its residential appeal and well-thought-out equestrian amenities makes it a standout offering in the market.
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Lower |
Bedroom 3 | Upper |
Bedroom 4 | Upper |
Dining Room | Main |
Living Room | Main |
Primary Bedroom | Upper |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,320,000 | $1,320,000 | $1,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,189 | $1,189 | $1,189 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,495 | $8,235 | $11,050 |
Total Monthly Payment | $8,809 | $9,549 | $12,364 |
* 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.