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Dutch Colonial Revival Characteristics: 1 ½ to 2 stories Gambrel roof is distinguishing feature, sometimes seen with flared eaves Siding may be wood clapboard or shingle, brick, stone Façade may be symmetrical, but it's common to see side entries and balanced asymmetry Gable-end chimneys Decorative windows in gable end Porch under overhanging eaves, occasionally running the full width of the house Entry may have a decorative hood with brackets or portico with classically-styled columns Windows are multi-light such as six-over-one, six-over-six, or eight-over-eight Shed, hipped, or gable dormers

That's a fireplace with a hook for a large cooking pot. Though the hook on the end is so far to one side of the opening, that I suspect that it is a replacement for what may have been there originally. I'm guessing that this home isn't actually new construction, but new to you. When was the home built?

If i were you, I might see if I could get it appraised or valued first, even if there is no assumed "value" to it. it might be antique, you never know. or at the very least, it might be worth something to someone else somewhere else. if you want to you might be able to sell it for a nice price and if not, you can always reupholster it and reuse it. :) i would make sure of its value first though personally.