Prime Opportunity in the Heart of Downtown Lakeville/Salisbury. A rare chance to own a distinguished Federal-era residence, seamlessly transformed into a versatile commercial space while maintaining the possibility of restoring it to a stately private home. Nestled in the vibrant center of Lakeville, this property blends historic charm with endless potential. Brimming with timeless character, the building showcases soaring ceilings, elegant wood moldings, and classic architectural details throughout. The main level features eight spacious rooms, allowing for customized configurations, while a half bath and laundry room add functional convenience. Upstairs, the owner's private residence offers additional flexibility, easily transitioning to expanded living quarters. This level boasts two bedrooms, an office, two inviting living areas, kitchen, and full bath-all bathed in natural light and rich in character. A standout feature is the expansive 670 sq. ft. deck-a serene retreat framed by specimen trees and overlooking the beautifully landscaped grounds. The . 76-acre lot offers generous rear parking, a lush green lawn, mature trees, and a meandering brook, enhancing the peaceful setting. The 1, 152 sq. ft. basement provides further versatility, complete with a full bath, workshop space, mechanical room, and ample storage. Positioned in the highly sought-after Northwest Corner of Connecticut, this exceptional property presents a unique opportunity to live and work in one of New England's most picturesque and dynamic small towns. Close proximity to Metro North Wassaic train station, local schools, restaurants, town park and lake.
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$995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $796,000 | $796,000 | $796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $352 | $352 | $352 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,457 | $4,837 | $6,663 |
| Total Monthly Payment | $4,901 | $5,281 | $7,107 |
* 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.