Behold this stunning Timber Frame home constructed in 2010. Bright and sunny this home just glows with beautiful natural wood tones throughout. Spacious and inviting this comfortable home features a beautifully crafted kitchen with first-floor laundry and a large private first-floor primary suite with access to a luxurious outdoor but private hot tub deck. The vaulted ceilings add to the feeling of spaciousness. Additionally there is a a large mezzanine second floor and 2 further bedrooms with a modern shared bathroom. The considerably large basement offers further opportunity and is partially framed out to create more finished space in the future. Featuring a 4500 square foot workshop/garage with a mechanics pit and oversized doors, 200 amps, a heating system, and parts storage rooms. Also a 5-bay open storage shed and an additional 75' x 30' barn currently being used as a firewood processing operation. To further increase the investment potential there is an 1800 square foot Gambrel building with a one-bedroom apartment and business office. The office could with very little effort be made into a second rental unit if desired. The perfect property for any home-based enterprise, excavation, paving, logging transit, and distribution. Also, the entire property could be monetized by renting out the various buildings and dwelling units separately. If diversity is key to a successful investment then this one has it!
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$799,000
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 | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $967 | $967 | $967 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,360 | $4,306 | $5,481 |
Total Monthly Payment | $5,419 | $5,365 | $6,540 |
* 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.