"The Daniel I. Lay House" an outstanding C1800 colonial & its red barn, probably built for Capt. Sill, sit on 2. 78 park like acres, fronting "Upper Mill Pond". A country setting, yet minutes to Old Lyme village shops & the renowned "Coffees" gourmet store. This pristine residence retains many wonderful original features, but the current owner has lovingly, updated, renovated & added several gorgeous features indoors and out, to create the luxurious living & amenities expected with this level of superior property! The main level features an elegant front hall, home office, formal living room and library both with fpl, and a romantic formal dining room with fpl. The magnificent & expansive eat-in gourmet w/fpl large walk in pantry & mud room were created a few years ago and above is the primary bedroom suite with its private staircase. There are 3 further bedrooms and 2 full baths in the front of the house with their own staircase. An attached 3 bay garage with a huge exercise room and shower above was recently created (could be an in-law, au pair or staff quarters). It has an elegant brick hallway connecting to the main house & features a separate entry, mud room, pet shower stall and pet pantry on the way. The grounds are beautifully landscaped, with a handsome inground salt water Gunite pool, surrounded by glorious hydrangeas, formal flower gardens, a firepit, the red barn and pond. All very private and gated. 2+/- hrs to NYC and Boston, 1 hr to Bradley & Greene airports. Included in this package is 120 Sill Lane parcel #1553546, which is a 1. 5 acre approved building lot.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Balcony/Deck,Wide Board Floor | 9.0 x 13.0 | Upper |
Bedroom 2 | Remodeled,Fireplace,Jack & Jill Bath,Wide Board Floor | 13.0 x 15.0 | Upper |
Bedroom 3 | Remodeled,Jack & Jill Bath,Wide Board Floor | 15.0 x 16.0 | Upper |
Eat-In Kitchen | Bay/Bow Window,Built-Ins,Dining Area,Fireplace,French Doors,Pantry | 16.0 x 27.0 | Main |
Formal Dining Room | Fireplace,Wide Board Floor | 13.0 x 17.0 | Main |
Library | Remodeled,Bay/Bow Window,Book Shelves,Fireplace,Wide Board Floor | 16.0 x 16.0 | Main |
Living Room | Fireplace,L-Shaped,Wide Board Floor | 13.0 x 23.0 | Main |
Primary BR Suite | Bedroom Suite,Full Bath,Stall Shower,Walk-In Closet | 16.0 x 15.0 | Upper |
Rec/Play Room | 9 ft+ Ceilings,Beams,Full Bath,Hardwood Floor | 35.0 x 26.0 | Upper |
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,680,000 | $1,680,000 | $1,680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,077 | $1,077 | $1,077 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,539 | $10,481 | $14,064 |
Total Monthly Payment | $10,741 | $11,683 | $15,266 |
* 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.