This magical six-acre estate on the banks of North Salem's Titicus River offers a spectacular main house, guest studio, waterfall, gardens, a heated pool and walking trails with direct access into the Keeler Preserve. Known as the Millhouse, it's the quintessential country destination for the buyer who requires premium amenities, panoramic views and four-seasons of enjoyment. The 1840s home has been fully updated yet retains stunning historic details including elaborate moldings, reclaimed woodwork, barn beam framing, wide-plank floors and brick fireplaces. The sprawling ground level is known as the "River Gallery" with fireplace, ceiling-high bookcases, hideaway wet-bar and a sunroom overlooking the water all with the soothing soundtrack of the falls and the rushing river. Adjacent is the chef's kitchen equipped with commercial-grade Garland, Southbend, and Traulsen appliances. The main floor includes an art-gallery-worthy entertaining space with wide plank floors, fireplace and spectacular views. Nearby is the elegant primary suite with dual baths and dressing rooms. Options abound with the guest studio and gym over the detached garage. The property, with infinite charm, has picturesque stone walls, a storybook footbridge across the river, and a stunning entrance courtyard with cobblestones reclaimed from New York City. Minutes to Metro North, the location offers epic hikes, golf, equestrian activities, as well as renowned museums, farm markets and the famous farm-to-table dining of North Salem and neighboring Ridgefield. The Mill House is a quick one hour from NYC and is an incredible one-of-kind country retreat for hiking, bird watching or just viewing the natural beauty of North Salem.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,950,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,360,000 | $2,360,000 | $2,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.014% | 6.915% |
Monthly Tax Payment | $5,200 | $5,200 | $5,200 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,531 | $15,504 | $20,884 |
Total Monthly Payment | $19,856 | $20,829 | $26,209 |
* 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.