|
|
Private Log Cabin Retreat with Legal 2-Bedroom Accessory Dwelling Unit & Income Potential Tucked away on 1. 5 private acres in Orange, this one-of-a-kind log cabin offers rustic character, flexible living space, and a rare legal accessory dwelling unit (ADU) with rental potential. The separately recognized approximately 900 SF accessory unit features 2 bedrooms, private exterior access, interior access to the main home, and a long-term tenant currently paying $1, 800/month. Per Orange P&Z, the unit is considered a legal EDU and may be rented provided either the occupant of the accessory unit OR the main residence occupant is age 55 or older. Buyers are encouraged to verify all current and future town regulations. The additional income may provide meaningful flexibility for multi-generational living, extended family, or potentially assist with mortgage qualification depending on loan program and lender guidelines. Importantly, this is NOT simply a "5-bedroom house. " The property functions as a true dual-living setup with a fully independent accessory residence above the attached 3-car garage, creating a unique home-within-a-home environment rarely available in Orange. The main residence showcases soaring vaulted ceilings, warm wood finishes, and a dramatic fireplace anchoring the living room. The updated kitchen features white shaker cabinetry, quartz countertops, stainless steel appliances, and a gas range. The main level includes 2 bedrooms and a full bath, while while the upper level offers an additional bedroom, another full bath, and a large open loft-style living/media area overlooking the main living space. Adding even more flexibility, the enclosed breezeway has been transformed into a separate lounge-style living area complete with kitchenette, full bath, and private feel-creating yet another distinct living environment within the property. Outside, the peaceful setting is complemented by an attached 3-car garage, expansive driveway, and a detached powered garage ideal for hobbyists, storage, workshop space, or automotive enthusiasts. A truly unique opportunity for buyers seeking flexibility, character, privacy, and potential supplemental income in one of Orange's most desirable locations.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Wide Board Floor | Main |
| Bedroom 2 | Vaulted Ceiling,Wide Board Floor | Upper |
| Bedroom 3 | Upper | |
| Bedroom 4 | Upper | |
| Eat-In Kitchen | Remodeled,Quartz Counters,Double-Sink,Island,Wide Board Floor | Main |
| Full Bath | Remodeled,Full Bath,Tub w/Shower | Main |
| Full Bath | Remodeled,Vaulted Ceiling,Stall Shower | Upper |
| Living Room | Vaulted Ceiling,Ceiling Fan,Combination Liv/Din Rm,Wood Stove,Wide Board Floor | Main |
| Other | Built-Ins,Dressing Room,Walk-In Closet | Upper |
| Primary Bedroom | Wide Board Floor | Main |
| Studio Apt | Studio,Sliders | 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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$725,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $580,000 | $580,000 | $580,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $819 | $819 | $819 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,571 | $3,714 | $4,855 |
| Total Monthly Payment | $4,482 | $4,625 | $5,766 |
* 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.