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Rare opportunity to own a legal 2 unit compound on 7. 84 pristine and private acres in Cumberland. Comprising 3 parcels, this estate features two distinct residences with separate utilities and mailing addresses, perfect for owner-occupants, multi-generational living, or high-end rental income. Set behind stately iron gates and stone walls, the property is turnkey with extensive recent updates. The primary 4BR, 5BA Colonial offers 2, 900+ SF of sun-filled space plus a 1, 300 SF finished walkout lower level featuring a kitchenette, fireplace and 1/2 bath. Recent renovations provide a modern granite kitchen, new flooring, fresh paint, and Harvey Elite triple-pane windows. The spacious open layout provides generous space for large family gatherings. Upper level includes a primary suite, 3 additional bedrooms with hardwood floors, a den and full bath. The second legal residence is a sparkling 1, 260 SF permitted apartment located above the barn, offering total autonomy for tenants or guests. The estate's infrastructure also features a separate 1200 SF heated garage, workshop, shed, and chicken coop. The grounds are a private oasis with open pasture, freshwater pond, irrigation, and invisible fencing. Enjoy outdoor living on the patio with a custom fire pit. This is a rare, versatile offering that combines classic New England charm with modern income potential. Click video link for footage of this unique estate. A rare find for the discerning buyer seeking privacy and value.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,399,200 | $1,399,200 | $1,399,200 |
| 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 | $854 | $854 | $854 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,835 | $8,502 | $11,713 |
| Total Monthly Payment | $8,814 | $9,481 | $12,692 |
* 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.