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A Versatile Country Compound Just Minutes from Salisbury Village. Located on a picturesque country road just four miles from the Salisbury village center, this multi-structure compound presents a rare opportunity to live, work, and generate passive income. With close proximity to area private schools and the Historic Lime Rock Park, the property offers exceptional potential for long-term leasing or a highly desirable Airbnb retreat. At the heart of the property is a charming, light-filled farmhouse featuring three bedrooms, two bathrooms, and warm wood floors throughout. Just next door, a versatile studio building with a half-bath-recently utilized as a photographer's studio it awaits your creative vision. For guests or renters, the detached two-car garage boasts a private, one-bedroom apartment above, complete with gleaming wood floors, a full kitchen, full bath, and a cozy living room anchored by a fieldstone fireplace. Completing the property is a classic barn, offering the perfect rustic backdrop for entertaining or ample storage. Meticulously maintained, the property boasts numerous recent upgrades, including new roofs on three of the four buildings, an upgraded 200-amp electrical panel for the main house, and dedicated electric service for the apartment. Endless opportunities await! A tenant is in residence in the garage apartment w/a lease until 9/15/26. Closing can take place prior to 9/15.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Upper | |
| Bedroom 2 | Upper | |
| Full Bath | Stall Shower | Main |
| Full Bath | Tub w/Shower | Upper |
| Kitchen | Pantry,Tile Floor | Main |
| Living Room | Combination Liv/Din Rm,Hardwood Floor | Main |
| Primary Bedroom | Upper |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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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
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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 | $396,000 | $396,000 | $396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | $171 | $171 | $171 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,374 | $2,471 | $3,262 |
| Total Monthly Payment | $2,620 | $2,717 | $3,508 |
* 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.