12 Elm Street, New Milford, CT, 06776 | $699,900

Own a piece of history in the village district of New Milford. The main house currently operates as cafe/catering service with a storefront cafe and commercial kitchens. The upper level provides food storage and offices in what once were bedrooms. There is plenty of storage in the walk-up attic and the significantly upgraded lower level houses dry storage, supplies and has a convenient walkout to the rear parking area. The level parking area allows for 10 to 12 cars. Come and see all the charm that a well built Victorian home provides including 9+ foot ceilings, many moldings, two staircases, two porches and beautiful foyer. The back barn provides three apartments. There are two, two bedroom units and a one bedroom. Each unit has level parking, a private entrance, and washer/dryer hookups. An outstanding location in the village district allows for an easy walk to restaurants and shopping. CHAPTER 80 VILLAGE CENTER DISTRICT (VCD) Section 080-010 Purpose These zones are established for the purpose of safeguarding the heritage of the Town of New Milford, by preserving districts which reflect elements of its cultural, social, economic, political and architectural history and the stabilizing and improving of property values, the fostering of civic beauty, the strengthening of the local economy, controlling the flow of traffic and promoting the health, safety and welfare of the townspeople, by assuring orderly and integrated development.

Features

  • Rooms: 11
  • Bedrooms: 5
  • Baths: 3 full
  • Units: 5
  • Laundry: Washer/Dryer Some Units
  • Style: Other
  • Year Built: 1900
  • Garage: None,Paved,Driveway
  • Heating: Baseboard,Radiator,Zoned,Other
  • Cooling: Central Air,Window Unit
  • Basement: Full,Heated,Storage,Walk-out,Concrete Floor,Full With Walk-Out
  • Above Grade Approx. Sq. Feet: 4,365
  • Acreage: 0.29
  • Est. Taxes: $11,149
  • Lot Desc: Level Lot
  • Elem. School: Per Board of Ed
  • High School: New Milford
  • MLS#: 24037651
  • Days on Market: 111 days
  • Website: https://www.raveis.com
    /prop/24037651/12elmstreet_newmilford_ct?source=qrflyer
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Listing courtesy of Drakeley Real Estate, Inc.

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NMLS Mortgage Loan Originator ID 147983

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Matthew.DeMaria@raveis.com

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12 Elm Street, New Milford, CT, 06776

$699,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Matthew DeMaria

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 845.290.3871

Matthew.DeMaria@raveis.com

NMLS Mortgage Loan Originator ID 147983

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $559,920 $559,920 $559,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $929 $929 $929
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,725 $3,721 $4,801
Total Monthly Payment $4,746 $4,742 $5,822

* 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.