81 Masters Lane, Milford, CT, 06461 | $874,900

Experience the allure of Great River Estates! This spacious Colonial home, nestled on a . 55-acre lot, offers picturesque seasonal views of the golf course. The inviting 'Devonshire' design features 4 bedrooms and 2. 5 baths, starting with a grand two-story foyer. Flanking the foyer are a cozy Sitting Room and a spacious formal dining room. The heart of the home is the open concept living area, complete with a fireplace, breakfast nook with sliders to the deck, and a kitchen featuring a center island/breakfast bar and pantry. Upstairs, the primary bedroom suite is a retreat with a vaulted ceiling, a sitting area, and his and hers walk-in closets. Three additional well-sized bedrooms and a shared bath complete this level. Hardwood floors in both the lower and main levels, and sliders open to a private deck and a large patio below, perfect for outdoor living. A nicely finished lower level with walk out sliders to patio adds 1000 square feet of Living Space with endless possibilities. A short walk brings you to the prestigious Great River Golf Club which boasts a top-rated Tom Fazio-designed course, beautiful grounds, and Monty's Grille for great food and drinks with stunning views of the course fairways and river. Conveniently located near major highways, and just a short ride to downtown Milford and the Metro-North train to New York. Well maintained home. HVAC replaced 2022/23. Drive way replaced 2022

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Laundry: Main Level
  • Style: Colonial
  • Year Built: 2002
  • Garage: 2-car Attached Garage
  • Heating: Hot Air
  • Cooling: Ceiling Fans,Central Air
  • Basement: Full,Storage,Partially Finished,Full With Walk-Out
  • Above Grade Approx. Sq. Feet: 3,487
  • Below Grade Approx. Sq. Feet: 1,000
  • Acreage: 0.55
  • Est. Taxes: $13,187
  • Lot Desc: Level Lot,On Cul-De-Sac
  • Elem. School: Orange Avenue
  • Middle School: Harborside
  • High School: Jonathan Law
  • Appliances: Oven/Range,Microwave,Refrigerator,Dishwasher
  • MLS#: 24033287
  • Days on Market: 63 days
  • Buyer Broker Compensation: 2.00%
  • Website: https://www.raveis.com
    /mls/24033287/81masterslane_milford_ct?source=qrflyer
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Room Information

Type DescriptionDimensionsLevel
Bedroom 1 Ceiling Fan,Wall/Wall Carpet11.9 x 11.8Upper
Bedroom 2 Ceiling Fan,Wall/Wall Carpet15.5 x 11.7Upper
Bedroom 3 Ceiling Fan,Wall/Wall Carpet14.6 x 12.1Upper
Den Hardwood Floor15.6 x 10.1Main
Dining Room Hardwood Floor15.1 x 12.1Main
Family Room Sliders,Engineered Wood Floor23.9 x 42.7Lower
Kitchen Breakfast Nook,Sliders,Hardwood Floor28.3 x 33.3Main
Living Room Gas Log Fireplace,Hardwood Floor15.5 x 18.5Main
Office Hardwood Floor11.1 x 11.8Main
Primary Bedroom Vaulted Ceiling,Bedroom Suite,Full Bath,Stall Shower,Whirlpool Tub,Walk-In Closet30.1 x 28.4Upper

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

John Armellino - Armellino TeamSales Associate

203.671.1601

John.Armellino@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Christine PrestonVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 90874

203.521.7207

Christine.Preston@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

81 Masters Lane, Milford, CT, 06461

$874,900

John Armellino - Armellino Team

Sales Associate

William Raveis Real Estate

Phone: 203.671.1601

John.Armellino@raveis.com

Christine Preston

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.521.7207

Christine.Preston@raveis.com

NMLS Mortgage Loan Originator ID 90874

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $699,920 $699,920 $699,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment $1,099 $1,099 $1,099
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,757 $4,140 $5,765
Total Monthly Payment $4,948 $5,331 $6,956

* 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.