Unique opportunity to own 2 houses on 3. 65 acres bordering the Nehantic State Forest with over 5, 000 acres in beautiful Lyme. The main home is a sprawling 4 bedroom contemporary with a large kitchen, dining room, living room, great room and sunroom overlooking the private backyard. There are vaulted ceilings, skylights, beams, a fireplace and propane stove. The 1st floor also includes the primary bedroom with walk-in closet and full bathroom, laundry and additional bedroom. The open staircase leads to the upper level including loft, 2 bedrooms and a full bathroom. This property also includes a 1200sqft detached guest house with a separate entry, featuring an open concept living room, dining area, kitchen, bedroom, laundry, and full handicap accessible bath. This can serve as a wonderful in-law, guest or au pair residence or it can be rented out for additional income. Enjoy the outdoors from the private balcony or the patio, surrounded by a level lot that offers ample space for recreation. Located close to Lyme-Old Lyme schools and offering easy access to nearby amenities and is perfect combination of privacy and convenience. Estate sale being sold AS IS. Driveway access by appointment only. Floor plans and list of updates are available. Central air and heat pump are not currently operational. There is electric baseboard heat in both houses, a gas on gas wall heating unit in the back house and a propane stove in the main house. There are also 3 wall AC units in the main house.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Ceiling Fan,Wall/Wall Carpet | 13.0 x 13.0 | Main |
Bedroom 2 | Balcony/Deck,Sliders,Wall/Wall Carpet | 13.0 x 14.0 | Upper |
Bedroom 3 | Wall/Wall Carpet | 12.0 x 14.0 | Upper |
Dining Room | Vaulted Ceiling,Beams,Fireplace,Sliders,Hardwood Floor | 12.0 x 15.0 | Main |
Family Room | Wall/Wall Carpet | 14.0 x 20.0 | Main |
Full Bath | Stall Shower | 6.0 x 7.0 | Main |
Full Bath | Tub w/Shower | 7.0 x 14.0 | Upper |
Great Room | Vaulted Ceiling | 18.0 x 21.0 | Main |
Kitchen | Hardwood Floor | 17.0 x 18.0 | Main |
Living Room | Beams,Ceiling Fan,Fireplace,Hardwood Floor | 15.0 x 17.0 | Main |
Loft | 23.0 x 14.0 | Upper | |
Primary BR Suite | Ceiling Fan,Full Bath,Stall Shower,Walk-In Closet,Wall/Wall Carpet | 15.0 x 17.0 | Main |
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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 | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $518 | $518 | $518 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,593 | $3,547 | $4,554 |
Total Monthly Payment | $4,203 | $4,157 | $5,164 |
* 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.