2 Chapel Hill Road, New Milford (Merryall), CT, 06776 | $225,000

Please submit all "highest and best" offers by 7pm this evening, May 5, 2025. Nestled in the heart of historic Merryall-a picturesque enclave known for its natural beauty and charm-this classic Cape presents a rare opportunity for those with vision. Recently demoed and ready for renovation, the home offers a blank canvas to reimagine and restore its original character or imagine a brand-new interior. Set on a peaceful parcel surrounded by mature trees and rolling hills, the property is surrounded by quiet country roads. With good bones and timeless lines, it's a diamond in the rough-ideal for those seeking a project with long-term potential. Whether you're looking to create a cozy weekend retreat or a full-time residence, the location and possibilities are hard to beat. Bring your ideas-this is where your next chapter begins. The roof and windows have been replaced, the basement has been sealed and shored up, and the interior demoed. The seller initially acquired it with the intent to renovate for personal use and has since purchased another property, electing not to proceed with renovations on this one. Opportunity! Please be aware that there are no railings. USE CAUTION when viewing. Will not qualify for FHA. Being sold "AS IS".

Features

  • Town: New Milford
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Style: Cape Cod
  • Year Built: 1920
  • Heating: No Heat
  • Cooling: None
  • Basement: Crawl Space,Concrete Floor
  • Above Grade Approx. Sq. Feet: 1,036
  • Acreage: 0.24
  • Est. Taxes: $4,384
  • Lot Desc: Historic District
  • Elem. School: Northville
  • Middle School: Sarah Noble
  • High School: New Milford
  • Appliances: None
  • MLS#: 24091975
  • Website: https://www.raveis.com
    /raveis/24091975/2chapelhillroad_newmilford_ct?source=qrflyer
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.

Room Information

Type Level
Bedroom 1 Upper
Bedroom 2 Upper
Dining Room Main
Living Room Main
Primary Bedroom Upper

William Raveis Family of Services

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203.217.1312

Wendy.Westcott@raveis.com

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NMLS Mortgage Loan Originator ID 147983

845.290.3871

Matthew.DeMaria@raveis.com

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2 Chapel Hill Road, New Milford (Merryall), CT, 06776

$225,000

Wendy Westcott

REALTOR

William Raveis Real Estate

Phone: 203.217.1312

Wendy.Westcott@raveis.com

Matthew DeMaria

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 845.290.3871

Matthew.DeMaria@raveis.com

NMLS Mortgage Loan Originator ID 147983

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $180,000 $180,000 $180,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.063% 6.132%
Monthly Tax Payment $365 $365 $365
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,138 $1,182 $1,507
Total Monthly Payment $1,578 $1,622 $1,947

* 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.