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Presented by
Pat Catchpole |
Outstanding opportunity to surround yourself with nearly 8 bucolic acres, in a home owned and loved by the original builder and his family for 70 years! This beautifully maintained 2-bedroom, 1-bath ranch is set in the southernmost part of New Milford, with a portion of the property extending into Brookfield. It offers a rare combination of privacy, open space, and development potential. The original cow barn, meandering stream and a shed are set behind the home. A 5. 5-acre open parcel abutting Diana Drive offers the potential to build a second home or subdivide (subject to local approvals). Inside, the home features hardwood floors, an attached 2-car garage, a spacious flagstone breezeway, and a kitchen with brand-new never used appliances. The layout includes a bright dining room with sliders to a patio, and a sunny living room with a wood-burning fireplace and unique steel pot rack. The two bedrooms have plenty of closets, and the tiled full bath is in excellent condition. The full basement includes a chair lift (removable), built-in shelving, and bilco doors. There's also central air and an automatic whole-house propane generator. With no direct neighbors overlooking the property, this is an ideal retreat with room to expand, farm, or build - all just minutes to Route 7. Don't miss this rare opportunity - schedule your showing today! Property being sold as one package, which includes: 2 lots in New Milford of 2. 31 acres 2 lots in Brookfield of 5. 59 acres making a total of 7. 93 acres. Taxes are for all four lots.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Hardwood Floor | Main |
| Dining Room | Built-Ins,Sliders,Hardwood Floor | Main |
| Kitchen | Vinyl Floor | Main |
| Living Room | Bay/Bow Window,Fireplace,Hardwood Floor | Main |
| Primary Bedroom | Hardwood Floor | Main |
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$650,000
REALTOR
William Raveis Real Estate
Phone: 860.488.7749
Pat.Catchpole@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | $386 | $386 | $386 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,035 | $3,160 | $4,214 |
| Total Monthly Payment | $3,513 | $3,638 | $4,692 |
* 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.