Welcome to "120". Perfection is in every detail. Just what you would expect from the master cabinet maker/owner. Every inch has been lovingly restored over the years in keeping with the historical history . The property itself is a delight with beautiful curb appeal: the wonderful barn, built in 1990, where the workshop is, the apartment above it and the stunning salt water pool area are just a few of the features that make you want to come home and relax. Several working fireplaces, radiant heat in the floor of the barn makes for coziness throughout. Relax in the sun drenched family room overlooking the pool area or enjoy the open chef's kitchen. One of the rooms on the main floor would be perfect for a home office. There are 2 staircases leading up to the 2nd floor. An outside shower, beautiful landscaping, a storage shed, a wrap-around driveway make the exterior so inviting. The apartment over the barn is a wonderful space to rent out, use as a business office or for the hobbyist. There are multitudes of options for the usage of the barn which is currently the woodworking shop. This property is perfect for year round living or a weekend get-away from the city. Come and enjoy the wonderful art museums, the Flo Gris, Coffees down the street, water activities on the Ct River or Long Island Sound. All forms of transportation are close by. New York, Boston, Hartford are all easy commutes should you decide to come and live the good life Old Lyme has to offer.
Type | Description | Level |
---|---|---|
Bedroom 1 | Upper | |
Bedroom 2 | Upper | |
Bedroom 3 | Upper | |
Family Room | Main | |
Kitchen | Fireplace | Main |
Living Room | Fireplace | Main |
Primary Bedroom | Upper | |
Sun Room | Main |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $723 | $723 | $723 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,645 | $5,031 | $6,717 |
Total Monthly Payment | $5,460 | $5,846 | $7,532 |
* 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.