Private and Secluded! 14. 5 ACRES of peace and tranquility along with a POTENTIAL SUBDIVIDE! This exceptional contemporary Colonial home offers the perfect blend of luxury and comfort. A highlighted feature is the Grand Great room with soaring cathedral ceilings and a striking two-story window providing breathtaking seasonal views of the property. The newly installed wood stove adds warmth throughout the colder months. The spacious kitchen serves as the heart of the home, ideal for entertaining or culinary enjoyment. Elegant French doors lead to a generously sized deck, offering a perfect setting for outdoor dining. Beyond the deck, a beautifully maintained in-ground pool invites you to relax. The upper level hosts a luxurious primary suite, complete with a walk-in closet and a Hydro tub. Three additional well-appointed bedrooms provide ample space. The bonus room offers even more flexibility, whether for a home office, gym, or media room. The expansive basement provides ample storage space and features fabulous mechanicals- a new boiler, two 320-gallon oil tanks, and a generator. Imagine the possibility of building a family compound or subdividing the land for an investment property. Please do your due diligence. The sale of the property is contingent upon the owner finding suitable housing. New kitchen appliances and construction equipment, located in the basement are ready for installation. Much of the furniture is negotiable. The listing consists of two pieces of property. The second parcel (1. 18 acres) was purchased to gain access to the property. The physical address is East Haddam, the mailing address is Colchester.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Full Bath | 12.7 x 13.2 | Main |
Bedroom 2 | Ceiling Fan,Wall/Wall Carpet | 13.8 x 13.2 | Upper |
Bedroom 3 | Ceiling Fan,Walk-In Closet | 9.9 x 12.5 | Upper |
Formal Dining Room | Vaulted Ceiling,Hardwood Floor | 14.9 x 13.2 | Main |
Full Bath | Double-Sink,Tub w/Shower,Tile Floor | 9.1 x 8.6 | Upper |
Great Room | 2 Story Window(s),Skylight,Fireplace | 19.8 x 15.2 | Main |
Kitchen | Island,Tile Floor | 16.0 x 13.9 | Main |
Living Room | Hardwood Floor | 10.7 x 17.7 | Main |
Office | Ceiling Fan,Wall/Wall Carpet | 10.2 x 14.1 | Upper |
Other | Ceiling Fan,Wall/Wall Carpet | 17.1 x 22.1 | Upper |
Other | Breakfast Nook,French Doors | 13.1 x 10.0 | Main |
Primary BR Suite | Ceiling Fan,Full Bath,Walk-In Closet,Wall/Wall Carpet | 13.8 x 23.0 | Upper |
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,920 | $799,920 | $799,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.220% | 5.781% |
Monthly Tax Payment | $1,161 | $1,161 | $1,161 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,479 | $4,860 | $6,589 |
Total Monthly Payment | $5,731 | $6,112 | $7,841 |
* 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.